Tag Archive for ‘Mexico’
This week a Senate investigation detailed that HSBC had lax controls against money-laundering and often ignored warnings about clients with ties to drug cartels and terrorists. ProPublica has compiled a rundown of the bank’s blunders and blind spots as detailed in the Senate report.
The New York Times reported this week that Walmart allegedly engaged in a vast campaign of bribery to expand the company’s Mexico business in the early 2000s, potentially violating U.S. law. The scheme was allegedly overseen by a Walmart executive, Eduardo Castro-Wright, described by The Times as “the driving force behind years of bribery” totaling millions of dollars.
Ann Charles thinks the next generation of business leaders will require new talents and a different set of skills to successfully grow business over the next decade. A modern CEO, she writes, will focus on creating a business culture that’s expansive, mapping a social purpose to the creation of goods and services.