The chairman of a U.S. futures industry regulator says a dispute over board nominations at the organization and allegations of improprieties may stem from a director's campaign to hold onto his seat.
A Bulgarian regulator said on Thursday it will fine the global accounting firm KPMG and two of its employees, saying they did not properly vet the books of Corporate Commercial Bank before it was hit by a run on deposits.
Credit Suisse's (CSGN.VX) offices in Milan were searched by Italian tax police last month as part of an investigation into whether the bank helped wealthy Italians hide undeclared funds offshore, an Italian judicial source said.
Indonesia search and rescue teams hunting for the wreck of an AirAsia passenger jet detected pings in their efforts to find the black box recorders on Friday, 12 days after the plane went missing with 162 people on board, an official said.
