Mengqi Sun
Reporter at The Wall Street Journal
Reporter at Risk and Compliance Journal
Compliance, crypto & sometimes emergency contact @WSJ; @columbiajourn @TuftsUniversity alum. [email protected]. signal, whatsapp: 646-617-3526
Articles
-
1 day ago |
createsend.com | Mengqi Sun
Good morning. BlackRock notched a significant win in its yearslong effort to put the responsible investing controversy behind it, after Texas on Tuesday removed the asset manager from the list of companies that it accuses of boycotting the oil and gas industry.
-
3 weeks ago |
createsend.com | Mengqi Sun
Good morning. Coinbase Global said Thursday that it has refused to pay a $20 million ransom demand from cybercriminals who bribed the company’s overseas customer support agents to steal sensitive user data. The cryptocurrency exchange estimated that the incident could cost from $180 million to $400 million, between fixing the underlying issues and reimbursing customers, according to a regulatory filing.
-
1 month ago |
createsend.com | Mengqi Sun
110-hour workweeks drove young bankers at a boutique firm to the brink. On the industrials team at Robert W. Baird, a Midwestern bank founded more than a century ago, working more than 110 hours a week wasn’t unusual, former employees said, and managers would regularly get exemptions for the firm’s required Saturdays off. Even at a smaller bank far from Wall Street that prides itself on its “No A—hole Rule,” the former employees said conditions could prove untenable.
-
1 month ago |
createsend.com | Mengqi Sun
IMF warns against support for tariff-hit businesses as government debts surge. Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the need for policymakers to outline robust plans for containing the surge more pressing, the International Monetary Fund said Wednesday.
-
1 month ago |
createsend.com | Mengqi Sun
Good morning. New York’s top financial regulator has fined financial technology company Block $40 million for alleged anti-money-laundering inadequacies and cryptocurrency compliance failures on its Cash App payment platform. The allegations: The New York State Department of Financial Services said Thursday its investigation found Block failed to conduct adequate customer due diligence and to monitor and report suspicious transactions in a timely manner over the past few years.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →X (formerly Twitter)
- Followers
- 2K
- Tweets
- 1K
- DMs Open
- Yes
Latest from me: Financial institutions were betting a new national beneficial ownership database would help make their jobs a little easier. But with recent enforcement curbs, they are becoming increasingly skeptical. https://t.co/fNoKLAMVO6 https://t.co/Z9zHP7IMPR
RT @JoelLangeRnC: The latest from @_MengqiSun. Only available on @DowJones #RiskJournal get your free trial today https://t.co/ggmRAy4Fiv h…
Scoop: Former SunEdison Exec Awarded $34.5 Million in Whistleblower Suit. Carlos Domenech was fired in 2015 after he reported claims to the company’s board that SunEdison executives had made false statements about the company’s liquidity to investors. https://t.co/BYZm29tq81