13 August 2019

CBS and Viacom to reunite in an all-stock merger

CBS and Viacom reunited after 14 years in order to take on competitors.

8 August 2019

COSO set to release new guidelines for managing cybersecurity

The new guidance is expected to focus on the application of ERM principles as a protection against cybersecurity threats.

24 July 2019

Facebook fined $5 billion by FTC for privacy violations

Settlement with the FTC also requires the company to set up a board privacy committee comprised of independent non-executive directors.

15 July 2019

Uber adopts diversity targets as performance metric for senior executive bonuses

The newly publicly listed company is seeking to increase diversity in top roles.

27 June 2019

Jony Ive set to leave Apple to form new venture

Ive first joined Apple in 1992.

26 June 2019

Activist investor Carl Icahn aims board overhaul at Occidental Petroleum

Activist investor argues that board mismanaged acquisition of Anadarko.

24 June 2019

Walmart agrees to $282 million settlement to close corruption allegations

SEC found that retailer favoured growth over compliance in its operations in Brazil, China, India, and Mexico.

11 June 2019

Wells Fargo struggles to attract interest from top candidates for CEO role

PNC CEO William Demchak and former US Bancorp CEO Richard Davis both declined interest in the job.

6 June 2019

Four top EU/GSIB banks fined for manipulating foreign exchange market

Banks to pay over $90 million in penalties to Swiss regulator following €1 billion fine from the EU.

21 May 2019

JP Morgan executive pay policies receive support from 72% of shareholders

Fewer shareholders voted in favour of the bank’s pay policies, following questions on how bonuses are determined.

20 May 2019

Goldman Sachs picks Mazars to audit its European operations

New EU rules on audit force Goldman Sachs to look beyond big four for its new European auditor.

16 May 2019

Five banks to pay €1.1 billion in fines for manipulating the foreign exchange market

Barclays, Citigroup, JP Morgan, MUFG, and RBS have been charged by the European Union for their role in manipulating the FX market.

6 May 2019

Kraft Heinz will restate its financial results for the past three years

Kraft Heinz has received a second subpoena from the SEC after writing down the goodwill for some its brands.

5 May 2019

Boeing's board of directors comes under scrutiny as company faces 737 Max crisis

Boeing's board failed to answer safety questions in effort to get the new 737 Max to market quickly and at low cost.

30 April 2019

Eric Schmidt to step down from Alphabet Board

Alphabet announced that Eric Schmidt will not seek re-election at the company's 2019 annual general meeting in June.