U.S. House panel plans hearing on Wells Fargo accounts scam

Sep 23, 2016

U.S. House panel plans hearing on Wells Fargo accounts scam

The House of Representatives Financial Services committee plans to hold a hearing into Wells Fargo & Co. next week over a scandal at the bank involving as many as 2 million fake accounts that thousands of employees set up in customers’ names. The hearing, ...

Bus subsidies fraud shakes China's electric vehicle industry

Sep 13, 2016

Bus subsidies fraud shakes China's electric vehicle industry

China’s electric vehicle industry, a flagship for Beijing’s technology ambitions, has been rocked by scandal after five companies were caught collecting millions of dollars in subsidies for buses they never made. The affair of the phantom buses has prompted questions about whether the ruling ...

Aug 31, 2016

South Korean swim team manager quits over hidden camera scandal

The manager of South Korea’s national swimming team has resigned as an investigation continues into a scandal involving the alleged installation of hidden cameras to take pictures of female athletes, the national federation has said. “As manager that leads the team, I deeply feel ...