November 13, 2018

Bank of Tokyo-Mitsubishi

New York Regulator Didn’t Find Statements by Supposed Objective PwC Director to Be All That Objective

Yesterday, we saw quite a bit of coverage on New York's Department of Financial Services throwing the book — albeit a comic book — at PwC for writing a mealy-mouthed report on Bank of Tokyo-Mitsubishi's violation of anti-money laundering laws. The firm's regulatory advisory unit will cough up $25 million and will forgo any new […]