A multi-billion-dollar fraud scandal perpetrated by a once-high flying and influential investment arm of the Malaysian government appears to ensnare another major global financial institution - Deutsche Bank.
Apple will be a client of Ive's new firm, however.
Synchrony, the bank spun off from General Electric in 2014, has posted impressive asset growth and profitability in recent years. But some investors are leery of the stock because of the potential for steep losses if the U.S. economy takes a turn for the worse.
KPMG, the giant accounting firm, agrees to pay $50 million to settle Securities and Exchange Commission accusations that employees cheated on internal training exams and altered past audit work based on stolen information.
Facebook is fomenting optimism on its blockchain bets, despite traditional cryptocurrency criticism.
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