Feb 11- Western Union Co said it expects the high compliance costs that hit its earnings in the fourth quarter to ease in 2014, helping to push up the company's shares after the bell. Western Union said in October that it did not expect earnings growth in 2014 due to higher compliance costs, which it pegged at 3.5-4.5 percent of revenue.» Read More
Hector Sants’ break from his role as chief compliance officer at Barclays due to stress has highlighted the strains on banks’ internal policemen.
ZURICH/ BEIJING, Sept 17- Novartis said on Tuesday it would investigate allegations published in a Chinese newspaper that its eye care unit Alcon bribed doctors. "Alcon does not tolerate activities that are not in compliance with the laws and regulations in the markets where we operate," Novartis said in an emailed statement to Reuters.
Neil Owen, global practice director at Robert Half Financial Services, discusses how challenging the "wave of new regulations" is for financial services executives, especially finding the right talents to implement the changes.