Bloomberg Business

Lula to Visit Huawei Site in Shanghai, Potentially Irking US

President Luiz Inacio Lula da Silva’s trip to China will include a tour of Huawei’s innovation center in Shanghai, a stop that may irk the US which alleges the technology company poses a threat to its national security.

Ex-Deutsche Bank Investment Banker Charged With Crypto Fraud

A former Deutsche Bank investment banker was charged with engaging in a Ponzi-like cryptocurrency fraud in which he falsely promised investors “guaranteed” returns and used some of their money to pay off others.

EY Calls Off Splitting Its Audit and Consulting Units

Ernst & Young’s top leaders called off a planned breakup of the firm’s consulting and audit practices after the US affiliate decided not to take part, disrupting a nearly yearlong struggle to build consensus for the historic shakeup of the Big Four accounting firm.

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