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Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports
Anti-money-laundering rules require broker-dealers to report to regulators on transactions over $5,000, but Merrill’s parent used a $25,000 threshold since their tie-up. Source link
KPMG Plans $2 Billion Investment in AI, Cloud Services
An expanded partnership with Microsoft is expected to bring in $12 billion in revenue for KPMG over five years, the Big Four accounting firm said.
Washington Post Hires Alex MacCallum as Revenue Chief After Leadership Exodus
What to Read Next Source link
Lawmakers Demand Telecom Firms Act on Toxic Lead Cables After WSJ Investigation
What to Read Next Source link
London's Canary Wharf Takes Brunt of Real-Estate Pain
Empty offices, remote working and corporate tenants fleeing to buzzier parts of the U.K. capital are all hitting the 30-year-old business district. Source link
Measure It Differently, and Inflation Is Behind Us
Measure U.S. price changes the way Europe does, and inflation was already just below 3% in May. Source link
Big Automakers Grab $1 Billion Deal for Urgently Needed Battery Metals
Volkswagen and Jeep maker Stellantis are each committing $100 million in a complicated transaction that will create a publicly traded mining company producing nickel and
Big Automakers Grab $1 Billion Deal for Urgently Needed Battery Metals
Volkswagen and Jeep maker Stellantis are each committing $100 million in a complicated transaction that will create a publicly traded mining company producing nickel and
Measure It Differently, and Inflation Is Behind Us
Measure U.S. price changes the way Europe does, and inflation was already just below 3% in May. Source link