Region: Japan

DG Comp comes down hard on car parts cartel

The European Commission has fined five car part manufacturers almost €1 billion for operating a cartel – one of the largest penalties it has ever imposed.

19 March 2014

Japanese employee facing bribery charges leaves Deutsche Bank

A Deutsche Bank employee charged with bribery offences by the Japanese police has now left the company. Shigeru Echigo, who worked in the bank’s pension fund sales department in Tokyo, is accused of entertaining a pension fund manager by paying for luxury meals and holidays.

21 February 2014

Deutsche Bank faces penalties in Japanese bribery investigation

Japanese police have arrested a Deutsche Bank employee after allegations emerged that one of the company’s sales departments may have bribed clients.

05 November 2013

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