Social Responsibility
Charitable Giving Part of Business Plan for Industry Leaders, Says IICF’s Ross
Leaders of property/casualty insurance and reinsurance companies probably get 1,000 requests per year to support seemingly worthwhile charities and causes, the CEO of a charitable foundation for the ...
Regulators Eye Global Guidelines for Financial Crimes and Punishment
Crooked bankers and insider traders would have no safe havens under planned global guidelines for market-abuse penalties, amid concerns some countries don't have strict enough rules. Culprits should ...
SEC Turns Policy Corner with JPMorgan Guilty Admission
The U.S. Securities and Exchange Commission, in settling claims with JPMorgan Chase & Co. over its handling of a $6.2 billion trading loss, landed its biggest victory yet in fulfilling a pledge ...
Ex-JPM ‘Whale’ Deputy Argues He Was Just Following Orders
A lawyer for a former JPMorgan Chase & Co employee who worked with "the London Whale" Bruno Iksil, has been trying to convince U.S. prosecutors that his client was the unwitting victim of ...
Dishonest Deeds Lead to ‘Cheater’s High’ as Long as No One Gets Hurt
People who get away with cheating when they believe no one is hurt by their dishonesty are more likely to feel upbeat than remorseful afterward, according to new research published by the American ...
CEOs Behaving Badly; Performance Graded ‘F’ By Think Tank
With a silhouetted image of a cigar-smoking bigwig reading a failing report card on its cover, a Washington think tank published a study revealing that 38 percent America's top-paid CEOs were either ...New York Regulator Eyes Lloyd’s Internal Probe in Iran Sanctions Inquiry
A New York regulatory investigation of Lloyd's of London for possible violations of Iran sanctions law has led to a government request for files of an internal probe by the insurer, a person familiar ...
Malaysia’s Shariah Scholars Face Jail for Bank, Insurer Breaches
The Malaysian law that exposes Shariah scholars to jail terms for rule breaches will ensure tighter compliance, in a market where the regulator has already made progress in unifying standards. Under ...