SEC charges name two former managers with RenaissanceRe

Article Abstract:

The former Chief Executive James Stanard and the former Controller Martin Merritt of RenaissanceRe Holdings Ltd. of Bermuda have been charged in a civil fraud case. The two executives are accused of setting up a false transaction that deferred $26 million. The case is being investigated by the United States Securities and Exchange Commission.

Executive changes & profiles, INSURANCE CARRIERS, Officials and employees, Insurance industry, United States. Securities and Exchange Commission, Bermuda, RenaissanceRe Holdings Ltd., RNR

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Big U.S. firms face Parmalat charges: Bank of America, Deloitte and U.K.'s Grant Thornton get caught up in scandal

Article Abstract:

Prosecutors in the Parmalat S.p.A. fraud case are seeking indictments of the Italian branches of Bank of America Corp., Deloitte Touche Tohmatsu, and Grant Thornton International for allegedly failing to properly manage employees who worked with Parmalat last year.

Italy, Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Banking industry, Investigations, Dairy industry, Dairy products industry, Accounting firms, Accounting services, Deloitte Touche Tohmatsu, Bank of America Corp., BAC, Parmalat S.p.A., Grant Thornton L.L.P.

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Putnam to face fraud charges over mutual-fund trading

Article Abstract:

Securities regulators in Massachusetts will file civil fraud chargest against Putnam Investments. The charges are related to possible improper mutual fund trading in the company.

Massachusetts, Mutual fund industry, Putnam Investments Inc.

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