Transactions fees have been controversial in the private equity industry as of late, with regulators taking a closer look. As it turns out, a whistleblower, one eyeing a huge payday no doubt, has...
A trio of whistleblowers have come forward to allege that Deutsche Bank perpetrated a $12 billion fraud to hide the true extent of credit derivatives losses.
The saga of Bradley Birkenfeld, the former UBS banker who blew the whistle on the bank's efforts to help Americans evade taxes, has taken another twist.
Whistleblowers have been in the news as of late, with several putting themselves in line for massive paydays.
An arresting series of articles in the American Banker has shined a harsh light on credit card debt collection practices of JPMorgan Chase.
Yet another surprise has bubbled forth in the $25 billion settlement between big banks and various state and federal officials.
Whistleblowing seems to be in vogue at big banks. And why not? For better or worse, the incentives have been boosted to stratospheric levels.
The Dodd-Frank whistleblower provisions, contained in Section 922, encourage people to come forward with information about possible fraud at their companies, luring them with the possibility for huge
Bank of America's Countrywide deal continues to vex it; the disgraced mortgage giant just can't stay out of the news, giving the bank's PR folks fits. The latest is that a whistleblower just won a