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Goldman names former DuPont CEO Kullman to board of directors

December 23, 2016 by · Leave a Comment 

(Reuters) – Goldman Sachs Group Inc named former chair and chief executive officer of E.I. du Pont de Nemours and Co Ellen Kullman to its board of directors, according to a filing

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Goldman names former DuPont CEO Kullman to board of directors

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Volkswagen reaches deal with 80,000 U.S. 3.0-liter vehicle owners

December 23, 2016 by · Leave a Comment 

A federal judge said on Thursday that Volkswagen AG has reached an agreement in principle to provide “substantial compensation” to the owners of about 80,000 3.0-liter polluting diesel vehicles, a key hurdle to resolve the German automaker's emissions scandal. U.S. District Judge Charles Breyer did not disclose the amount of owner compensation, which

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Volkswagen reaches deal with 80,000 U.S. 3.0-liter vehicle owners

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U.S. sues Barclays, ex-executives for mortgage securities fraud

December 23, 2016 by · Leave a Comment 

The U.S. Department of Justice on Thursday sued Barclays Plc and two former executives on civil charges of fraud in the sale of mortgage-backed securities during the run-up to the 2008-09 financial crisis. The lawsuit was filed after Barclays resisted a penalty the U.S. government had sought in settlement negotiations, a person familiar with the matter said. Major U.S. banks, including JPMorgan Chase & Co and Bank of America Corp , have paid tens of millions of dollars to settle …

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U.S. sues Barclays, ex-executives for mortgage securities fraud