Investment

Damian Williams, United States Attorney for the Southern District of New York, announced that DAVID HU, former managing partner and chief investment officer of the Manhattan-based investment advisory firm International …

NEW ORLEANS, LOUISIANA – U.S. Attorney Duane A. Evans announced that RITCHEL MOREHEAD, age 41, a resident of Covington, Louisiana, was sentenced on April 7, 2022 to 21 months in …

BROOKLYN, NY – Ng Chong Hwa, also known as “Roger Ng,” a citizen of Malaysia and a former Managing Director of The Goldman Sachs Group, Inc. (Goldman Sachs), was convicted …

TORONTO – Canadian Imperial Bank of Commerce (CIBC) Chief Executive Officer Victor Dodig on Thursday called on policy makers to focus on generating revenue by investing in growth rather than …

LONDON – Major Generali shareholder Union Investment supports existing management in the insurer led by chief executive Philippe Donnet, a portfolio manager in the firm said on Thursday. Generali is …

HOUSTON – A  42-year-old Manvel resident has been ordered to prison following his conviction of wire fraud, announced U.S. Attorney Jennifer B. Lowery. Toan Tran pleaded guilty Jan. 4, 2021. …

By Jamie McGeever ORLANDO, Fla. – The first quarter was a scary ride for most investors but those who stuck to a conventional ’60-40′ portfolio of stocks and bonds escaped …

Damian Williams, the United States Attorney for the Southern District of New York, announced that VANIA MAY BELL, the former comptroller and chief compliance officer of Executive Compensation Planners, Inc. …

FRANKFURT – Bayer shareholder Union Investment on Monday came out in support of the drugmaker’s chief executive serving out his full term after the CEO came under renewed pressure over …

BEIJING/SHANGHAI – CITIC Securities Co, China’s biggest brokerage, reported on Monday a 55.01% rise in profit in 2021, led by strong gains in securities investments. Net profit for the 12 …

NEW YORK, March 26, 2022 — Pomerantz LLP announces that a class action lawsuit has been filed against Butterfly Network, Inc. (“Butterfly” or the “Company”) f/k/a Longview Acquisition Corp. (“Longview”) …

          GRAND RAPIDS, MICHIGAN — U.S. Attorney Andrew Birge announced today that Joshua Louis Rupp, 37, previously of West Olive, Michigan, was sentenced to 16 years …

SINGAPORE – Chinese state energy giants have in recent weeks set up task forces to evaluate their multi-billion investments in Russia, a top oil and gas supplier to Beijing, as …

ROCKFORD — A Loves Park, Ill., investment advisor has been sentenced to four years and four months in federal prison for financial fraud. NASEEM SALAMAH, 41, fraudulently obtained a total of …

FAYETTEVILLE – Four men were charged in an indictment unsealed today in the Western District of Arkansas for an alleged $16 million wire fraud and money laundering scheme involving fake …

COUNCIL BLUFFS, IA – Jeffrey M. Carley, age 53, formerly of Treynor, was sentenced Tuesday, March 22, 2022, to five years in prison. Following his prison term, Carley will serve …

MEXICO CITY – President Andres Manuel Lopez Obrador on Monday said Mexico will get an investment boost on the back of the Ukraine war, predicting that capital once destined for …

MUMBAI – Japanese Prime Minister Fumio Kishida on Saturday announced a 5 trillion yen ($42 billion) investment in India over the next five years during a meeting with Prime Minister …

NEW YORK, March 16, 2022 — Pomerantz LLP announces that a class action lawsuit has been filed against Butterfly Network, Inc. (“Butterfly” or the “Company”) f/k/a Longview Acquisition Corp. (“Longview”) (NYSE: …

By Kate Abnett BRUSSELS – Around 100 European Union lawmakers asked Brussels on Wednesday to withdraw plans to label energy investments in gas as green, saying this undermined Europe’s push …

NEWARK, N.J. – A former investment advisor from Union County, New Jersey, was arrested today for allegedly stealing more than $500,000 from multiple clients to fund his gambling and personal …

By Xie Yu and Selena Li HONG KONG – The U.S. securities regulator’s move to identify Chinese firms likely to be delisted from New York for not meeting auditing requirements …

NEWARK, N.J. – A former New Jersey resident was sentenced today to 29 months in prison for his role in an investment scheme through which he fraudulently obtained more than …

Acting U.S. Attorney Michelle M. Baeppler announced that a federal jury returned guilty verdicts today against Defendant Raymond A. Erker, 50, of Avon, Ohio, following a seven-day trial before U.S. …

SPRINGFIELD, Mo. – A Rogersville, Missouri, man was sentenced in federal court today for three separate cases in which he was convicted of child sexual exploitation, a nearly $1 million …