Jail-Bound Inside Trader Reveals Anatomy of Crime
July 31 (Bloomberg) -- On April 6, 2011, FBI agents arrived at the door of Matthew Kluger, a corporate attorney with a long history in mergers and acquisitions. The charge against him: Insider trading. On June 4, 2012, Klugar was sentenced to 12 years in prison and found to be liable for $37 million in illicit profit from tips he passed on to his associates. His 12-year prison sentence is the longest ever for the crime. He shares his story with David Voreacos for Bloomberg News.
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Nordea CEO Is Concerned About New Swedish Bank Tax
29:02 - Nordea Bank AB said profit rose 14 percent last quarter, beating analysts’ estimates and helping the Nordic region’s largest lender exceed the capital requirement set by Sweden’s regulator. Net income in the three months through September reached 888 million euros ($967 million), up from from 780 million euros a year earlier, the Stockholm-based bank said in a statement on Wednesday. That topped the average 825 million-euro estimate of 13 analysts surveyed by Bloomberg. Nordea Chief Executive Officer Casper von Koskull discusses with Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe."