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An incorrectly formatted spreadsheet caused Iceland to price the sale of its Islandsbanki stake too cheaply earlier this year, an investigation by the National Audit Office has found.
November 15 -
The board released an alert from its staff on ethics and independence considerations for accountants during the current conflict between Russia and Ukraine.
October 4 -
President Joe Biden said the U.S. will impose sanctions on Russia that will hamper its ability to do business in foreign currencies as President Vladimir Putin’s decision to invade Ukraine sparked the worst security crisis in Europe since World War II.
February 24 -
A looming Swiss Supreme Court ruling could add to the bank's woes.
March 18 -
Bank Hapoalim Ltd., Israel’s second-biggest bank, set aside an additional $246 million to settle a lengthy tax evasion investigation by U.S. authorities. The shares fell the most in more than two months.
March 7 -
The widow of a onetime Frenchman billionaire won a round of her fight against a criminal tax investigation linked to the Panama Papers leak that initially targeted her husband.
November 30 -
The chief executive officer of Denmark’s biggest fund will step down for allegedly trying to dodge Swiss taxes while running a unit of Nordea Bank a decade ago.
November 26 -
The U.S. Securities and Exchange Commission has sought details from India’s ICICI Bank Ltd. on its accounting and corporate governance practices, people familiar with the matter said.
July 26 -
A former Swiss banker was acquitted of helping U.S. clients dodge taxes, dealing prosecutors a dramatic loss in their efforts to hold individuals responsible after the government successfully targeted financial institutions.
November 22