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Commercial and Professional Services Professional Services

  • WASHINGTON, March 8- Wall Street attorney Jay Clayton will recuse himself from matters involving Barclays Bank, Deutsche Bank AG and other clients he has recently represented if confirmed to head the U.S. Securities and Exchange Commission under the terms of an ethics agreement disclosed on Wednesday. Under the agreement, Clayton will not participate in SEC...

  • WASHINGTON, March 8- Wall Street attorney Jay Clayton, President Donald Trump's pick to head the U.S. Securities and Exchange Commission, has vowed to recuse himself from agency matters involving his law firm and former clients, according to an ethics agreement made public on Wednesday. Under the agreement, the Sullivan& Cromwell attorney will not participate...

  • NEW YORK, March 7- PricewaterhouseCoopers LLP pinned the blame for MF Global Holdings Ltd's collapse squarely on the commodity brokerage and its former chief executive, Jon Corzine, at the start on Tuesday of a trial over whether the auditor should pay about $3 billion for its alleged negligence. Jurors are considering a demand by MF Global's bankruptcy plan...

  • Need a part-time CFO?

    Sara Daw, group CEO of The CFO Centre Group, talks about how her platform provides small and medium enterprises with access to part-time CFOs.

  • March 6- Wells Fargo& Co named Allen Parker general counsel on Monday, at a time when the third-largest U.S. lender looks to restore its battered reputation following a scandal over phony accounts. Parker is joining from law firm Cravath, Swaine& Moore LLP, where he served as a partner. Wells Fargo reached a $190 million regulatory settlement over the phony accounts...

  • March 6- Wells Fargo& Co named Allen Parker general counsel, succeeding company veteran James Strother, who will retire. Parker is joining from law firm Cravath, Swaine& Moore LLP, where he served as a partner. His appointment will be effective March 27, the company said on Monday.

  • *13 lawyers to defend Jay Y. Lee in criminal trial. By Se Young Lee and Ju-min Park. SEOUL, March 3- Samsung chief Jay Y. Lee has handpicked 13 top lawyers to defend him against charges of bribing the South Korean president, nearly all of them former judges or prosecutors, according to the court where one of the richest men in the country will be tried.

  • This start-up wants to disrupt the consulting business

    Bridget Loudon, CEO of Expert360, talks about how her online platform uses technology to match clients with freelance consultants.

  • LOS ANGELES, March 1- The organizers of the Academy Awards said on Wednesday that the two PricewaterhouseCoopers accountants behind the mix up that saw "La La Land" incorrectly named best picture before "Moonlight" was declared the real winner, will not work the Oscars ceremony again. A spokesperson for the Academy of Motion Picture Arts& Sciences said PwC...

  • TOKYO, March 1- Toshiba Corp has asked a Japanese law firm to help estimate the potential financial impact if it decides its U.S. nuclear unit Westinghouse should file for Chapter 11 protection from creditors, sources with knowledge of the matter said. Analysts and sources with knowledge of the matter have previously said that even under a Chapter 11 filing,...

  • Jordan Horowitz, producer of the movie "La La Land," was forced to acknowledge the major error last night. Moonlight wins the Best Picture Oscar after a mishap that named La La Land the winner at the 89th Annual Academy Awards.

    Media reports said accountant had been tweeting backstage shortly before he gave presenters Warren Beatty and Faye Dunaway the wrong envelope.

  • Accountant Brian Cullinan, who media reports said had been tweeting backstage shortly before, gave presenters Warren Beatty and Faye Dunaway the wrong envelope for the movie industry's top award on Sunday, the accounting firm said in a statement. In a gaffe that stunned the Dolby Theatre crowd in Hollywood and a television audience worldwide, "Cullinan...

  • LOS ANGELES, Feb 27- An accountant for the Academy Awards botched the meticulous procedure for announcing the Oscar for best picture when he handed victory to "La La Land" before declaring "Moonlight" the real winner, PricewaterhouseCoopers said on Monday. In a gaffe on Sunday that stunned the Dolby Theatre crowd in Hollywood and a television audience worldwide,...

  • In a gaffe on Sunday that stunned the Dolby Theatre crowd in Hollywood and a television audience worldwide, presenters Warren Beatty and Faye Dunaway were handed the wrong envelope for the movie industry's top award. The Wall Street Journal and celebrity website TMZ.com reported on Monday that one of the PricewaterhouseCoopers accountants responsible...

  • LOS ANGELES, Feb 27- Accountants and Oscar officials on Monday were investigating how a meticulous procedure for announcing Academy Awards winners went disastrously awry, snatching a best picture victory from musical "La La Land" and handing it instead to "Moonlight." In a gaffe on Sunday that stunned the Dolby Theatre crowd in Hollywood and a television...

  • Feb 27- Wal-Mart Stores Inc on Monday won the dismissal of a U.S. lawsuit accusing the world's largest retailer of defrauding shareholders in its Wal-Mart de Mexico unit by concealing its suspected bribery of public officials in Mexico. District Judge Katherine Polk Failla in Manhattan said holders of Wal-Mex's American depository shares cannot pursue...

  • NEW YORK, Feb 24- Criminal charges against top executives of Platinum Partners for running the $1.4 billion hedge fund firm like a Ponzi scheme have revived an old question for investors: Where was the board? Donald Seymour and David Bree of Cayman-based DMS Governance Ltd were directors for Platinums troubled Value Arbitrage Fund. Spokesmen for the SEC and...

  • NEW YORK, Feb 24- Criminal charges against top executives of Platinum Partners for running the $1.4 billion hedge fund firm like a Ponzi scheme have revived an old question for investors: Where was the board? Donald Seymour and David Bree of Cayman-based DMS Governance Ltd were directors for Platinums troubled Value Arbitrage Fund. Spokesmen for the SEC and...

  • WASHINGTON, Feb 21- Andrew Olmem, an attorney and former Republican congressional aide, has joined the White House National Economic Council as a deputy to Gary Cohn, said two sources familiar with the move. Olmem, an attorney to the Senate Banking Committee during the financial crisis, left his job at Venable LLP last week, said the law firm. The National Economic...

  • WASHINGTON, Feb 21- Andrew Olmem, an attorney and former Republican Congressional aide, has joined the White House National Economic Council as a deputy to Gary Cohn, said two sources familiar with the move. Olmem, an attorney to the Senate Banking Committee during the financial crisis, left his job at Venable LLC last week, said the law firm. Olmem was a leading staff...