Archive for May 8th, 2012

8 May 2012

Mitsui Sumitomo Insurance fined £3.3 million and senior executive banned by the FSA for corporate governance failings

The Financial Services Authority has fined Mitsui Sumitomo Insurance Company (Europe) Ltd  £3,345,000 for “serious corporate governance failings” and banned one of MSIEu’s senior executives, Yohichi Kumagai, from carrying out any significant influence controlled function.

8 May 2012

The collapse of Dewey: Former partner says he is owed $61 million

Even the New Y0rk Times seems to have difficulty understanding how he got to that figure.

More end of Dewey news here.

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