corporate-governance
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TechnologyData Security: Why the Responsibility Sits With the C-Suite
Top StoriesNestle Hires LSEG’s Anna Manz as CFO
Top StoriesUnilever CFO Pitkethly to Leave Company by May 2024
India’s Investigation Agency Files Graft Case Against Bae Systems, Rolls-Royce -Document
Date: May 29, 2023
India’s investigation agency files graft case against BAE Systems, Rolls-Royce -document NEW DELHI (Reuters) – India’s Central Bureau of Investigation (CBI) has filed a graft case against Britain’s BAE Systems PLC and Rolls-Royce Holdings for “criminal conspiracy” in the procurement of 24 Hawk 115 advanced jet trainers, according to a federal police document dated May...
Ericsson Beats US Shareholder Lawsuit Over Graft Disclosures
Date: May 25, 2023
Ericsson beats US shareholder lawsuit over graft disclosures (Reuters) – Swedish telecoms company Ericsson beat a lawsuit by U.S. shareholders on Wednesday, when a federal judge ruled it did not mislead investors about its compliance with U.S. anti-bribery laws. The lawsuit filed by a Boston-based pension fund claimed that Ericsson had overstated the extent to...
Banks Win Dismissal of U.S. Silver Price-Fixing Litigation
Date: May 22, 2023
Banks win dismissal of U.S. silver price-fixing litigation By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday dismissed long-running litigation by investors who accused HSBC Holdings Plc and Bank of Nova Scotia of conspiring to fix silver prices. U.S. District Judge Valerie Caproni in Manhattan said the investors lacked legal standing to...
New Rules to Dampen Chinese Interest to List in Europe, Say Bankers
Date: May 22, 2023
New rules to dampen Chinese interest to list in Europe, say bankers By Li Gu and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Chinese companies’ plans to raise capital via listings in London or Zurich are in jeopardy after Beijing mandated new disclosure rules, put curbs on the use of the funds and made issuances liable to...
Britain Chips Away at NatWest Stake With $1.6 Billion Share Sale
Date: May 22, 2023
Britain chips away at NatWest stake with $1.6 billion share sale By Iain Withers and Amy-Jo Crowley LONDON (Reuters) -British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 billion) worth of its shares back from the government, as it edges closer towards private ownership 15 years after it was bailed out in...
Blackstone, Thomson Reuters Consortium Sells $3.4 Billion Lseg Shares at Discount
Date: May 17, 2023
Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount (Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters sold 33 million shares in the London Stock Exchange Group worth about 2.7 billion pounds ($3.41 billion), a bookrunner said on Wednesday. The placing of shares, which was upsized from 28 million,...