Allianz fund collapse ends in guilty plea, $5.8bn deal
In addition to fines and restitution under the Justice Department, the company agreed to pay more than $1 billion to settle claims by the SEC, including.
Source: moneyweb.co.za
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Credit Suisse's Risk Department Every Bit As Weak, Bullied As Credit Suisse's Actions Suggest
Despite earlier reassurances to the contrary, where there’s this much smoke, there is a raging risk and compliance fire.
Source: dealbreaker.com
Allianz fires fund managers after multibillion-dollar blowup
Allianz dismissed two people responsible for managing a suite of hedge funds that allegedly lost investors billions and prompted probes by U.S. regulators.
Source: pionline.com
Allianz Fires Fund Managers After Multibillion-Dollar Blowup
(Bloomberg) -- Allianz SE dismissed two people responsible for managing a suite of hedge funds that allegedly lost investors billions of dollars and prompted probes by U.S. regulators.
Source: bloombergquint.com