Scandal-hit Credit Suisse mulls over overhaul, possible merger

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Scandal-hit Credit Suisse mulls over overhaul, possible merger

ZURICH • Credit Suisse’s top management is under pressure to come up with an overhaul plan for the scandal-hit Swiss bank that could include a merger with rival UBS, three people familiar with its thinking told Reuters yesterday. The bank’s executives fear …
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Teneo's Declan Kelly, Crisis Manager for CEOs, Faces His Own Crisis

Mr. Kelly, chairman and chief executive of Teneo Holdings LLC, has apologized and temporarily reduced his duties at the consulting firm after getting drunk and behaving inappropriately with people at a recent charity event, a spokesman for Mr. Kelly confirmed.
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Repeat Fraudster Sentenced for Embezzling more than $1.4 Million from Non-Profit Employers

In addition, Lescarbeau repeatedly logged on to the non-profit's online bank accounts and directed unauthorized payments and transfers for her
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John Wood Group Reaches $186 Million Deal to Settle Amec Bribery Case

John Wood Group Plc said it agreed to pay $177 million to settle a U.K.-led bribery and corruption probe into a British engineering firm it acquired in 2017. The settlement is part of a so-called deferred prosecution agreement with the Serious Fraud Office and …
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Baja Fresh closing downtown Bakersfield location

23ABC has confirmed with ownership that they were franchised and “getting out of the business.” The restaurant officially closed at 2 p.m. on Friday. Another Baja Fresh at The Marketplace on Mine Ave.
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