Britain’s Financial Services Authority fined UBS $47.5 million on Monday for failing to prevent a massive trading loss by a former trader, the New York Times reports:
UBS was found to have had serious weaknesses in the internal controls of its investment banking unit. The failings allowed Kweku M. Adoboli, a former trader at the bank, to rack up a multibillion-dollar trading loss last year after he carried out a series of unauthorized trades.
Planned Parenthood is leaving the federal government’s Title X program, which funds family planning services for low-income people, due to…
Following the ousters of the Homeland Security secretary and Secret Service director, and the withdrawal of the would-be ICE director’s…
Senate Minority Leader Chuck Schumer (D-NY) on Monday called for ousted Secret Service Director Randolph “Tex” Alles to testify before…
Nielsen: "I just want to thank the President, again." pic.twitter.com/5m8WSU9Xej — TPM Livewire (@TPMLiveWire) April 8, 2019
