2 more leave Fidelity amid probe
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Two more traders have left Fidelity Investments amid the government investigation into whether employees inappropriately solicited and received expensive gifts and entertainment from brokers who wanted the mutual fund company's massive trading business, the company confirmed yesterday.
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THE REGION Fidelity Investments is considering expanding a Texas facility, adding up to 1,500 jobs, a spokeswoman for the Boston mutual fund giant said. Anne Crowley confirmed reports in Texas newspapers that Fidelity is in talks with the town of Westlake, near Dallas, to expand a campus where it now has about 2,900 employees. One of Massachusetts' largest employers, Fidelity ...
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Siemens&#39; supervisory board plans to dismiss two of its own members as part of a reshuffle following an internal probe into corruption allegations, a report said Friday.
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F.B.I. officials told reporters the probes involved potential violations including accounting fraud and insider trading.
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SunTrust Banks Inc. on Monday said it put two senior finance executives on paid leave, and expects to restate first and second-quarter profit higher as it fixes errors in how it accounts for loan losses.
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Department responsible for collecting taxes, administering other services, admits another data loss.
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Fidelity Investments on Thursday disciplined 16 employees for violating the mutual fund giant's conflict-of-interest policies covering gifts from brokers to Fidelity's traders.
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GREENWICH, Connecticut  - The U.S. Securities and Exchange Commission is conducting more than 30 investigations into potential hedge fund manager misconduct in the northeast United States alone, with more in other parts of the country, officials said on Wednesday.
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Fannie Mae's FNM.N regulator is  investigating the severance payments and bonuses of two top  executives who stepped down earlier this week, the Wall Street  Journal reported on Thursday.
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Two more of America&#39;s top spies were reported yesterday to be leaving the CIA, as an attempt to fix the troubled agency appeared increasingly to be dividing its ranks and driving out its most experienced officials.
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Fidelity Investments yesterday said that it disciplined 14 stock traders and that two others left the company amid an investigation by federal regulators into traders accepting lavish gifts and entertainment from brokers to whom they directed business.
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Police investigating the cash-for-honours allegations have been asked to "undertake further inquiries", the Crown Prosecution Service confirmed today.
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Among the security concerns that have been raised is the possibility of someone being able to cast multiple ballots. Other concerns are about a sudden power outage and whether data would be lost in such a scenario.
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French police were holding a second person for questioning about the loss of billions at bank Societe Generale, a judicial official said Friday.
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The controversy has prompted two federal investigations and hearings on Capitol Hill.
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Fidelity Investments this week named a new team of managers to help run its stock trading desk, which is the subject of a federal investigation into whether company traders improperly solicited and received lavish gifts from brokers who wanted the mutual fund giant's massive trading business.
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Â· Channel controller refuses to resign over editing error  Â· Staff are urged to look for any further 'incidents'