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Friday, April 24 2026

Hong Kong Regulators Fine PwC $166M over China Evergrande Audit

PwC, one of the world's biggest accounting firms, is paying HK$1.3 billion ($166 million) in fines and compensation in Hong Kong over its audit work for the failed Chinese property developer Evergrande, which was said to have…

Friday, April 24 2026

Goldman Sachs Settles Shareholder Lawsuit over 1MDB Scandal

Goldman Sachs has agreed to settle a class-action lawsuit accusing ​the Wall Street bank of defrauding shareholders about its work ‌for 1MDB, a Malaysian sovereign wealth fund that became embroiled in a corruption scandal,…

Friday, April 24 2026

SBI Seeks review of SC Verdict that 'Spectrum' Does Not Count as an Asset in IBC Proceedings

The State Bank of India has moved a petition in the Supreme Court seeking a review of its February 13 judgment, which held that spectrum, a finite public resource, cannot be used as “assets” owned by telecom service providers (…