Wells Fargo & Co. will pay $1 billion to settle with U.S. regulators who say the bank wrongly layered insurance on hundreds of thousands of drivers and routinely hit homebuyers with excessive fees, officials said on Friday.
See Original Article

Gecamines President Albert Yuma and Director-General Jacques Kamenga didn't immediately answer calls and emails from Bloomberg seeking further details about the case. A Gecamines spokesman declined to comment. If Katanga takes the necessary steps to “regularize” KCC's capital deficiency
See Original Article

Since I interviewed Kevin Deasy, the CEO from Accounting Pro Ireland for my Irish Tech News podcast last October, things have gotten a lot busier for them, and they are not complaining, as they are also shortlisted in the Best Use of Technology in Accountancy & Finance category at this years' Irish
See Original Article

On Thursday, the European Parliament backed the idea of breaking up Google. It doesn't have the power to do it, but the legislators' decision is a notable part of a backlash against the remedial action Google took after the European Commission fined it 2.4 billion euros ($2.95 billion) for abusing its
See Original Article

A subsequent easing of bond accounting rules announced on April 2, which allows banks to spread their losses, surprised investors and sent yields to a four-month low. The RBI did not have an immediate comment on Reuters' queries for this story. “There is no reason for the madness in yields,” said a
See Original Article