HSBC plans to acknowledge that for years it ignored possible money laundering, part of a record $1.9 billion settlement with U.S. authorities that caps the bank's disastrous foray into the U.S. market.
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Tuesday marks the four-year anniversary of the revelation of the Ponzi scheme orchestrated by Bernard Madoff. For some victims, the pain continues.
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Standard Chartered agreed to pay $327 million in penalties for alleged violations of U.S. sanctions against Iran, Libya and other nations.
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Ingersoll-Rand is expected to announce a plan to spin off its security-technology business, launch a share-buyback program and increase its dividend as part of a compromise reached with Trian Fund Management LP, people familiar with the matter said.
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Law firms seeking to become international behemoths are chasing cross-border mergers to build brands with thousands of lawyers from Boston to Beijing and beyond.
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Max Clifford, the U.K.'s best-known celebrity publicist, is facing the most important job of his career: spinning himself out of the spotlight, following his arrest Thursday on suspicion of sexual offenses.
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This week's episode of Saturday Night Live featured an interview with a Ding Dong, the who's sick of playing second-fiddle to the iconic Twinkie.
The U.S. unit of China's Wanxiang Group won an auction for battery maker A123 Systems. Hostess's decision to spend wages that were supposed to go to pensions angered its employees. ResCap is seeking a mediator to facilitate talks with its creditors on a bankruptcy-exit plan.
Compliance may be a hot area for in-house lawyers--and the pay isn't bad--but that doesn't mean the folks heading up those departments have all the tools they need to keep corporations out of regulatory hot water.
Longtime U.S. government lawyer Stuart Levey arrived at global bank HSBC Holdings PLC as chief legal officer in January. Eleven months later, it looks like he's on his way to clearing the bank's top legal concern off his plate.
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Law firms seeking to become international behemoths are chasing cross-border mergers to build brands with thousands of lawyers from Boston to Beijing and beyond.
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A former Las Vegas Sands executive's wrongful termination suit has sparked federal investigations and cast an unwelcome spotlight on U.S. casino operators in China's lucrative Macau gambling enclave.
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The issue of free speech in prescription drug marketing will get a fresh look when a federal appeals court in San Francisco considers whether a biotech executive committed fraud in touting a lung-disease drug.
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Federal prosecutors are investigating as part of an ongoing corruption probe former New Orleans Mayor Ray Nagin, who rose to national prominence as the city's leader during Hurricane Katrina.
Women account for a third of the nation's lawyers and doctors, a major shift from a generation ago when those professions were occupied almost exclusively by men, new Census figures show.
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Sacramento Mayor Kevin Johnson has been fined $37,500 for failing to disclose $3.5 million in donations he solicited to help fund a new basketball arena and a schools program.
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The SEC has charged the Chinese affiliates of several major accounting firms with violating U.S. securities laws.
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