Helmerich & Payne Inc. (H&P) has entered into an agreement with the Department of Justice to resolve improper payments by H&P to government officials in Argentina and Venezuela in violation of the Foreign Corrupt Practices Act (FCPA).
Wall Street Journal: Wealthy taxpayers have inundated the Internal Revenue Service in recent weeks with requests to come clean for past tax evasion, amid a government crackdown on undeclared income from overseas accounts.
Bloomberg is reporting that UBS ignored a suggestion to sell its US wealth management division last year. According to Bloomberg, the former head of the wealth management division wrote to the UBS management suggesting that they sell that division last year, and he never heard back. I'm sure they're regretting that decision now.
NEW YORK (Reuters) - One of the 44 people arrested last week in a sweeping federal probe of political corruption and money laundering in New Jersey that netted several city mayors and rabbis has been found dead in suspicious circumstances, authorities said.
