Vale’s ‘Negligence’ May Have Cost Lives, Says Brazil Mining Regulator November 12, 2019 By Jake Spring and Christian Plumb Brazil’s mining regulator on Tuesday blasted iron ore miner Vale SA for failing to disclose problems with a mining dam...
AM Best Reviews Argo Group’s Ratings in Reaction to SEC Probe, Watson Exit November 8, 2019 AM Best has placed the credit ratings of Argo Group International Holdings Ltd. and its subsidiaries under review with negative...
Vale CEO Received Emailed Warning Ahead of Brazil Dam Collapse: Report November 5, 2019 By Christian Plumb The former chief executive of Brazilian iron ore miner Vale received an anonymous email weeks before the deadly collapse of...
Apollo’s Insurer Unit, Athene Holding, Quietly Settles Harassment Case Against CEO September 25, 2019 By Heather Perlberg and Sabrina Willmer The allegations described a boss letting loose with profane tirades, sexist insults, racist comments, even physical intimidation. Purported incidents piled...
Brazil Police Accuse Mining Firm Vale, Auditor of Fraud Related to Deadly Dam Collapse September 23, 2019 By Marta Nogueira Brazilian federal police proposed criminal charges against Vale SA, auditor TÜV SÜD and 13 of their employees, alleging fraud in...
New Swedbank CEO, Hired from Folksam, Criticized for Ties to Scandal-Hit Bank August 29, 2019 By Veronica Ek, Hanna Hoikkala and Niklas Magnusson Sweden’s biggest shareholder group has criticized Swedbank AB’s choice of chief executive officer, arguing the board opted for an insider...
South African Retailer Steinhoff to Sell Assets After $7B Accounting Fraud August 13, 2019 Scandal-hit South African retailer Steinhoff said on Tuesday its only hope for survival is to sell off assets to become...
Mnuchin, Lampert Want Sears D&O Policy to Pay Their Legal Fees August 12, 2019 By Josh Saul Almost four months ago, the bankrupt estate of Sears Holdings Corp. sued Eddie Lampert and U.S. Treasury Secretary Steven Mnuchin...
Fallout from Money Laundering Scandal Continues as Fines Loom for Swedbank July 17, 2019 By Frances Schwartzkopff Swedbank AB acknowledged it will no longer be able to live up to its goal of paying out one of...
Mining Firm Vale Must Fix All Damages from Deadly Dam Collapse: Brazil Court July 10, 2019 A Brazilian state judge on Tuesday convicted mining company Vale SA for damages caused by the deadly rupture of a...