Aruna Viswanatha
Recent Stories By Aruna Viswanatha:
-
JPMorgan’s new approach to probing suspect transactions sparks internal frictionFebruary 12, 2015
ST. LOUIS/WASHINGTON (Reuters) - Clashes over strategy within JPMorgan Chase & Co’s compliance operations have led to the departure of a series of managers in the past year, according to three of...
-
HSBC condemns past practices as pressure grows over Swiss accounts February 10, 2015
LONDON (Reuters) - The head of HSBC's private bank has told staff past practices that may have allowed some clients to dodge taxes are unacceptable, with the company facing pressure on both sides of...
-
HSBC could face U.S. legal action over Swiss accounts February 10, 2015
LONDON/ZURICH/WASHINGTON (Reuters) - HSBC Holdings Plc faces investigation by U.S. authorities and an inquiry by British lawmakers after admitting failings by its Swiss private bank that may have...
-
UK's FCA says not formally told of HSBC tax allegationsFebruary 10, 2015
HSBC has admitted failings by its Swiss subsidiary in response to media reports it helped wealthy customers dodge taxes and conceal millions of dollars of assets."I am not aware of a direct channel...
-
U.S. considering reopening 2012 HSBC deferred prosecution deal: source February 9, 2015
WASHINGTON (Reuters) - HSBC Holdings plc could see its 2012 deferred prosecution deal with U.S. authorities over anti-money laundering lapses reopened as a result of separate, ongoing probes into...
-
U.S. prosecutors say pursuing '08 crisis cases, eye auto loansFebruary 3, 2015
WASHINGTON/NEW YORK (Reuters) - The U.S. Department of Justice says it is still pursuing cases tied to the height of the financial crisis in 2008 and using lessons learned from those probes to...
-
S&P reaches $1.5 billion deal with U.S., states over crisis-era ratingsFebruary 3, 2015
(Reuters) - Credit rating firm Standard & Poor's will pay $1.5 billion to resolve a collection of lawsuits over its ratings on mortgage securities that soured in the run-up to the 2008 financial...
-
Judge rules for Wells Fargo in NY challenge over mortgage settlementFebruary 2, 2015
WASHINGTON/NEW YORK (Reuters) - A U.S. judge on Monday rejected allegations by the New York state attorney general that Wells Fargo was violating the $25 billion mortgage settlement that federal and...
-
Obama's attorney general pick aims to smooth DOJ ties with CongressJanuary 28, 2015
WASHINGTON (Reuters) - Loretta Lynch, President Barack Obama's pick for attorney general, on Wednesday sought to make a clean break from the testy relationship her predecessor had with Congress,...
-
BNY Mellon may face bribery charges over sovereign wealth funds: filingJanuary 27, 2015
(Reuters) - Bank of New York Mellon Corp has disclosed in a filing that U.S. regulators are considering charging it with violating U.S. foreign bribery laws after an investigation into internships...
-
Two Yemenis charged in U.S. court over alleged al Qaeda linkJanuary 20, 2015
WASHINGTON (Reuters) - Two Yemeni men were charged in the United States with working with al Qaeda and conspiring to attack U.S. military forces in Afghanistan in 2008, according to a complaint...
-
FBI raids Florida firm with 'Wolf of Wall Street' link: witnessesJanuary 14, 2015
WASHINGTON/BOCA RATON, Fla. (Reuters) - U.S. FBI agents on Wednesday raided the offices of Med-Care Diabetic & Medical Supplies Inc, a Florida medical device company whose executive vice...