German state prosecutors on Wednesday launched a formal investigation of seven former and current executives at WestLB including Thomas Fischer, the former chief executive, for their roles in the stock trading scandal that has rocked the German public bank.
Stocks to be volatile; inflation, jobs eyed
Volatility is in store for stocks next week as investors try to gauge the outlook for inflation and interest rates amid a large slate of U.S. economic releases, including May payrolls.
New NHK chief vows to restore trust
Former Asahi Breweries Ltd. adviser Shigeo Fukuchi became president of NHK on Friday, embarking on work to restore viewers' trust after recent insider stock trading and other scandals involving its Read more ... more...
Eshelman Adopts 10B5-1 Trading Plan
PPD, Inc. today announced that Fred Eshelman, chief executive officer, has adopted a prearranged stock trading plan to sell a portion of his PPD stock over time as part of his personal long-term strategy for asset diversification.
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