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Danish intel chief jailed over surveillance scandal

  Bloomberg The head of Denmark’s military intelligence service, Lars Findsen, has been jailed, charged with leaking classified material, according to local media. Last month, Danish police arrested four current and former intelligence workers on charges they had leaked highly classified information. Broadcaster TV2 and other media reported on Monday that Findsen, 57, was among those four after the district ...

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Bank of America to increase bonus pool for its employees

  Bloomberg Bank of America Corp, (BofA) tallying its haul from a second banner year for Wall Street securities firms, is shifting its philosophy on bonuses and dramatically sweetening rewards after a bout of restraint a year ago. Senior executives are planning to increase the bonus pool for investment bankers by more than 40%. And for sales and trading operations, ...

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Morgan Stanley to pay $60 million to settle data-breach suit

  Bloomberg Morgan Stanley agreed to pay $60 million to settle a class action suit by consumers claiming the firm failed to safeguard their personal information. The agreement, if approved by a federal judge in Manhattan, would resolve claims over two security breaches that compromised personal information of 15 million current and former clients, according to a group of them ...

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