A quarterly compilation of conduct related stories in the news.
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Concerning Conduct: Quarterly Cases - Q1 2023
This quarter's Concerning Conduct, a summary of recent cases concerning culture and conduct, includes; “Overboarding” is a growing issue, Big four in Spain inspected over excessive working hours, EU says half of green claims are misleading, City minister concerned about... -
Concerning Conduct: Quarterly Cases - Q4 2022
Ex-Jones Day partner fined £25,000 over “burn” advice. BlackRock suffers $1bn pullback over ESG. HSBC ad’s banned for “greenwashing”. US directors resign after US DoJ rules over antitrust laws. KPMG head of Lower Gulf to resign. Senior Deloitte partner retires... -
Concerning Conduct: Quarterly Cases - Q3 2022
Cross-party UK MPs call for action on Russian dirty money. DE Shaw former money manager awarded $52 by Finra. Apple lawyer admits to insider trading. Brussels considering EU-wide agency for sanctions. ESMA admits to lacking skills to run consolidated price... -
Concerning Conduct: Quarterly Cases - Q2 2022
UK-listed port operator at risk of sanctions breach for harbouring Abramovich-linked yacht. City minister shifts to positive tone on crypto. Sunak’s wife agrees to pay UK tax on all income. Jersey freezes $7bn of assets linked to Abramovich. Twitter introduces... -
Concerning Conduct: Quarterly Cases - Q1 2022
Elizabeth Holmes found guilty of defrauding investors in blood-testing company Theranos. KPMG admits to misconduct over Carillion. Horta-Osorio quits as chair of Credit Suisse due to Covid breaches. AGM vote count blunder at Go-Ahead. DWS CEO suspicions related to Porsche... -
Concerning Conduct: Quarterly Cases - Q4 2021
Goldman Sachs removes essential staff’s free breakfast and lunch. PwC allows UK staff to work remotely but with risk of pay cut. Ireland falls into line on global tax. US not yet. UK accounting regulator warns over “alternative performance measures”.... -
Concerning Conduct: Quarterly Cases - Q3 2021
Robinhood fined record amount and customer suicide cited. Watchdog concludes Greensill pressure to access Covid loan scheme was “unusual”. Regulatory risk hits investors in Didi Chuxing. Analyst who recommended Wirecard until its insolvency reinstated by Commerzbank. JPMorgan trader declared as... -
Concerning Conduct: Quarterly Cases - Q2 2021
Volkswagen’s April Fool’s joke sees ADRs up sixteen per cent. Firms try to address burnout with bonuses and luxury gifts for staff. Fink addresses BlackRock behavioural failings. Procurement civil servant held second role with Greensill Capital. UK Takeover Panel addresses... -
Concerning Conduct: Quarterly Cases - Q1 2021
Denmark charges two UK nationals with fraudulent $1.6bn dividend tax reclaim. Whistleblower evidence on Ghosn justifies under reported pay. Samsung head sentenced to two and a half years for bribery. Two held over Wirecard executive’s escape. One rule for you…... -
Concerning Conduct: Quarterly Cases - Q4 2020
Vatican invested donations in CDSs. Concerns re tax bills on staff working from holiday villas. Cyprus suspends ‘golden passports’ scheme after media sting. Retirement scheme freezes new investments with Apollo over Epstein links. Morgan Stanley commodities traders lose job over... -
Concerning Conduct: Quarterly Cases - Q3 2020
Deutsche agrees to $150m fine for compliance failings in dealing with Epstein. Grant Thornton fined £3m over ethical and objectivity failures. Barclays boss accused of making sexist remarks. Twitter hack generates more than $100,000 for scammers. McDonald’s sues former boss.... -
Concerning Conduct: Quarterly Cases - Q2 2020
Insurance and the pandemic. Expenses scandal and conflict management at the world’s biggest sovereign wealth fund. Potential for backlash for big US groups. Judge rules in favour of LSE over manipulation claim. Softbank CEO says he is misunderstood – just...