HONG KONG/WARSAW (Reuters) – Chinese telecommunications equipment maker Huawei said on Saturday it had sacked an employee arrested in Poland on spying charges in a case that could intensify Western security concerns about the company. Poland’s internal affairs minister, Joachim Brudzinski, called for the ...Read More

First there were the raids at Deutsche Bank AG’s headquarters, then came the global market selloff. And the flow of bad news for Chief Executive Officer Christian Sewing is far from over. Germany’s largest lender was sued in a case tied to an industry-wide tax ...Read More

New York federal prosecutors are looking into potential financial wrongdoing by President Donald Trump’s inaugural committee and Ivanka Trump’s involvement in price negotiations for space rental in the Trump International Hotel in D.C. According to reporting by WNYC and ProPublica, President Donald Trump’s inaugural committee paid large ...Read More

While the S&P is struggling to eek out some modest gains for the year in the last month of the year, for hedge funds 2018 has not only been a scratch, but also one the worst years since the financial crisis, as the following ...Read More

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission settled charges on Friday with two technology companies for improperly offering digital tokens, mandating that they register their offerings as securities and reimburse investors. The action marked the first time the SEC has imposed penalties ...Read More

Rep. Maxine Waters, famously referred to as “an extraordinarily low IQ person” by President Trump, is set to lead the House Financial Services Committee, which oversees the banking, financial sector and its regulators. Trump may regret his battle with Waters as she will soon ...Read More

WASHINGTON (Reuters) – A leading bank regulator on Tuesday fined Capital One Bank [COFCO.UL] $100 million for failing to enforce anti-money laundering controls that have been in place for years. Capital One failed to satisfy a 2015 consent order that demanded the bank improve ...Read More