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By Trudy Knockless | March 22, 2024
Maria Douvas has rapidly ascended the leadership rungs of the Royal Bank of Canada since joining the Toronto-based institution eight years ago.
2 minute read
By Cassandre Coyer | March 21, 2024
The SEC issued its first two official charges against companies' "AI washing" practices on March 18, which sources expect to be "only the beginning."
6 minute read
By Jane Wester | March 19, 2024
Prosecutors in the U.S. Attorney's Office for the Southern District of New York asked for a 48-month sentence, but Judge Daniels said he considered the defendant's lack of a criminal history, past good works, age and health in imposing a lower sentence.
4 minute read
By Riley Brennan | March 19, 2024
"While Sessoms's 'permission' that Krysta 'prepare [his] tax returns' could implicitly grant her actual authority to assent to the 2020 Terms of Service on his behalf, a rational factfinder could conclude otherwise," U.S. District Judge Wendy Beetlestone of the Eastern District of Pennsylvania said.
5 minute read
By Trudy Knockless | March 18, 2024
Kathryn Ruemmler and other top executives benefited in 2022 from the granting of millions of dollars in so-called shareholder value-creation awards. But last year, as the company retreated from an unsuccessful push into providing consumer loans for the masses, it awarded no SVC grants.
2 minute read
By Michael A. Mora | March 18, 2024
The league, which can decide who is a "fit and proper steward," is mulling its approval of the sale of the Everton Football Club.
4 minute read
By Emily Saul | March 15, 2024
In their memo, prosecutors described Bankman-Fried's actions as "one of the largest financial frauds in history, and what is likely the largest fraud in the last decade."
2 minute read
By Adolfo Pesquera | March 15, 2024
The judge was presiding over over litigation contesting a proposed cap on credit card late fees.
2 minute read
By Trudy Knockless | March 15, 2024
Hope Mehlman, who helped engineer the $16 billion sale of her last employer, Bank of the West, before joining Discover, now is helping Discover try to sell itself for $35 billion.
3 minute read
By Adolfo Pesquera | March 14, 2024
Citigroup Inc., Capital One Financial Corp., JPMorgan Chase Bank N.A., Regions Bank, Truist Financial Corp., are among the 13 banks being sued by Innomemory LLC in the Western and Eastern Districts of Texas.
5 minute read
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