Nissan’s Ghosn to be ousted over financial misconduct allegations
Nissan Motor Co Ltd said it was ousting Chairman Carlos Ghosn for alleged financial misconduct and Japanese media reported he been arrested, a shocking fate for a leader hailed for rescuing the company from close to bankruptcy.
France’s Macron vows to maintain Renault-Nissan stability
France will work to preserve the stability of Renault and its alliance with Nissan , President Emmanuel Macron said on Monday, after the Japanese carmaker took steps to oust Chairman Carlos Ghosn over alleged financial irregularities.
Danske Bank whistleblower says other banks processed suspicious payments
The whistleblower who revealed suspected money laundering involving Danske Bank said on Monday that two major U.S. and one European banks were among several which had helped process suspicious payments.
Global stocks struggle higher, dollar sapped by rate hike uncertainty
World shares struggled higher on Monday amid conflicting signals of a potential truce in the China-U.S. trade dispute, while the Federal Reserve’s new-found concerns over the global economy sapped the dollar.
Nissan to fire Ghosn over financial misconduct allegations
Nissan Motor Co Ltd said it planned to oust Chairman Carlos Ghosn after alleging he had used company money for personal use and committed other serious acts of misconduct.
Carlos Ghosn, the cost cutter with a big price tag
In his 40 years in the auto industry, the praise Carlos Ghosn has won for turning around businesses has regularly been matched by criticism over the amount he has been paid to do it.
Ghosn under-reported nearly 10 billion yen in compensation: Jiji
Carlos Ghosn, chairman of Japanese automaker Nissan, under-reported nearly 10 billion yen ($88.70 million) in compensation as nearly 5 billion yen, Jiji news agency reported on Monday.
Danske Bank whistleblower says his warnings went unheeded
The whistleblower who helped reveal suspected money laundering involving Danske Bank told Denmark’s parliament on Monday that the bank had not heeded his warnings and had later offered him money to keep quiet.
Nissan moving to fire Ghosn for financial misconduct
Nissan Motor Co Ltd said on Monday it was moving to terminate Carlos Ghosn from his chairman’s post after finding that he had used company money for personal use and committed several other serious acts of misconduct.
Danske Bank whistleblower says his warnings were not heeded
The whistleblower who helped to reveal suspected money laundering involving Danske Bank told the Danish parliament on Monday that the bank had not taken his warnings seriously and had offered him money to keep quiet.
