The former chief executive officer (CEO) and chief financial officer (CFO) of the New York City chemist chain Duane Read have been convicted of securities fraud. A federal jury in Manhattan found Anthony Cuti and William Tennant guilty of scheming to falsely inflate the income and reduce the expenses that Duane Reade reported to investors.
Prosecutors say that from November 2000 through June 2005, Cuti and Tennant reported inflated income from fraudulent real estate transactions and reduced company expenses through fictitious credits from vendors. Both face up to 20 years in prison.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more