Tag: Wells Fargo

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Daily Compliance News

Daily Compliance News: February 18, 2025, The Huge Mistake Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News—all from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Top stories include:

  • Wells Fargo Consent Decree terminated. (YaHoo!Finance)
  • DOGE actions threaten the safety of ALJs. (Reuters)
  • JPMorgan’s purchase of Frank heads to criminal trial. (FT)
  • Of business plans and tariff changes. (Bloomberg)

For more information on the Ethico Toolkit for Middle Managers, available at no charge, click here.

Check out the FCPA Survival Guide on Amazon.com.

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2 Gurus Talk Compliance

2 Gurus Talk Compliance – Episode 44 – The Snow in Texas Edition

What happens when two top compliance commentators get together? They talk compliance, of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode!

Stories this week include:

  • Former Wells Execs Fined Millions (Radical Compliance)
  • Another Example of Weak Governance (Radical Compliance)
  • Can a Computer Learn to Speak Trader? (WSJ)
  • Florida Chipotle worker installed tracking device on ex-fling’s car in hopes he would ‘run into’ her: complaint (NY Post)
  • Wells Fargo banks on (Not) risky business. (PYMNTS.com)
  • What is forced labor? (BBC)
  • KPMG will open a US law firm in AZ.  (Reuters)
  • Return To Office compliance. (Bloomberg)
  • What is the Conference of State Bank Supervisors, and why is fining Block $80MM?(CSBS)
  • 10 Workplace Trends for 2025: What’s In and What’s Out? (Gensler)

Resources:

Kristy Grant-Hart on LinkedIn

Spark Consulting

Prove Your Worth

Tom

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10 For 10

10 For 10: Top Compliance Stories For the Week Ending – January 18, 2025

Welcome to 10 For 10, the podcast that brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance, brings you the compliance professional and the compliance stories you need to know to end your busy week. Sit back, and in 10 minutes, hear the stories every compliance professional should know from the prior week. Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

  • BitMEX fined an additional $100MM.  (WSJ)
  • Wells Fargo banks on compliance. (PYMTS.com)
  • China military corruption purge ‘tip of the iceberg’.  (Business Insider)
  • Cognizant defendants want to know government’s trial strategy. (Law360) sub req’d
  • What is forced labor? (BBC)
  • KPMG to open US law firm in AZ.  (Reuters)
  • SEC sues Elon Musk yet again, this time over Twitter purchase. (Bloomberg)
  • UK Minister resigns over corruption investigation in Bangladesh. (Reuters)
  • Has corporate purpose lost its purpose? (FT)
  • Return To Office compliance. (Bloomberg)

For more information on the Ethico Toolkit for Middle Managers, available at no charge, click here.

You can check out the Daily Compliance News for four curated compliance and ethics-related stories each day here.

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Daily Compliance News

Daily Compliance News: January 17, 2025 – The BitMEX Spanked Yet Again Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News—all from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Top stories include:

  • BitMEX fined an additional $100MM.  (WSJ)
  • Wells Fargo banks on compliance. (PYMNTS.com)
  • China military corruption purge ‘tip of the iceberg.’  (Business Insider)
  • Cognizant defendants want to know the government’s trial strategy. (Law360) sub req’d

For more information on the Ethico Toolkit for Middle Managers, available at no charge, click here.

Check out The FCPA Survival Guide on Amazon.com.

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10 For 10

10 For 10: Top Compliance Stories For The Week Ending September 28, 2024

Welcome to 10 For 10, the podcast that brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance, brings to you, the compliance professional, the compliance stories you need to be aware of to end your busy week. Sit back, and in 10 minutes, hear about the stories every compliance professional should be aware of from the prior week.

Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

  • DOJ releases a 2024 Update to the Evaluation of Corporate Compliance Programs. (FCPA Compliance & Ethics Blog)
  • China probes PVH. (Reuters)
  • Wells Fargo must face Caremark claim. (Reuters)
  • Wagner Group used HSBC and JPMorgan for payments. (FT)
  • Caroline Ellison sentenced to 2 years in prison and forfeits $11bn (NYT)
  • How Binance found that old time ‘compliance’ religion. (WSJ)
  • New York City Mayor Adams indicted on bribery and corruption charges. (NYT)
  • SEC fines 12 more firms for failures in messaging apps. (SEC Press Release)
  • S. Iswaran was convicted for corruption in Singapore. (BBC)
  • Ex-CEO of Skael faces criminal fraud charges. (WSJ)

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Daily Compliance News

Daily Compliance News: September 25, 2024 – The $11bn Forfeiture Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen to the Daily Compliance News. All from the Compliance Podcast Network.

Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

In today’s edition of Daily Compliance News:

  • Carolyn Ellison is sentenced to 2 years in prison and forfeits $11 billion. (NYT)
  • Wagner Group used HSBC and JPMorgan for payments. (FT)
  • China probes PVH. (Reuters)
  • Wells Fargo must face a Caremark claim. (Reuters)

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10 For 10

10 For 10: Top Compliance Stories For The Week Ending February 24, 2024

Welcome to 10 For 10, the podcast that brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance, brings to you, the compliance professional, the compliance stories you need to be aware of to end your busy week. Sit back, and in 10 minutes, hear about the stories every compliance professional should be aware of from the prior week. Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

  1. Alexei Navalny was killed in prison. (Bloomberg)
  2. Ohio residents paid the price for FirstEnergy corruption.  (Ohio Capital Journal)
  3. More child labor in the US. (NYT)
  4. A former head of the Bank of China was arrested for corruption. (NikkeiAsia)
  5. The Shadow Insider Trading case goes to trial.  (WSJ)
  6. Former Stericycle executive to plead guilty. (WSJ)
  7. Morgan Stanley is accused of using fake job titles. (FT)
  8. The Wells Fargo Consent Order was terminated. (WaPo)
  9. Deliberations begin in the NRA corruption trial. (The Guardian)
  10. If you can’t answer the question, don’t sit for an interview. (BBC)

For more information on Ethico and a free White Paper on top compliance issues in 2024, click here.

You can check out the Daily Compliance News for four curated compliance and ethics-related stories each day here.

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Daily Compliance News

Daily Compliance News: February 20, 2024 – The Consent Order Terminated Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy morning coffee, and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

In today’s edition of Daily Compliance News:

  • The Wells Fargo Consent Order was terminated. (WaPo)
  • Deliberations begin in the NRA corruption trial. (The Guardian)
  • Can racists use free speech arguments to avoid anti-racism training? (Reuters)
  • Should you get your bags in less than 30 minutes? (BBC)

For more information on Ethico and a free White Paper on top compliance issues in 2024, click here.

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Daily Compliance News

Daily Compliance News: August 7, 2023 – The Face, The Music Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance brings to you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. All, from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

  • Albemarle makes FCPA settlement reserve. (WSJ)
  • Catching pandemic fraudsters. (NYT)
  • Wells, SocGen to settle messaging app violations. (WSJ)
  • Ex-Allianz manager to face $7bn criminal fraud claim. (Reuters)
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Daily Compliance News

Daily Compliance News: May 17, 2023 – The $1 BN Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Stories we are following in today’s edition:

  • Ecuador President to face impeachment trial. (FT)
  • Wells Fargo to pay $1bn to settle shareholder suit. (WSJ)
  • Ukraine Supreme Court under investigation for corruption. (Reuters)
  • Changed my mind not reason to reverse a settlement, even for Elon Musk. (CNBC)