Och-Ziff, one of the world's largest hedge funds, is being investigated for FCPA violations related to activities in Africa. The investigation is evidence that US authorities are increasingly intent on holding individuals accountable for corporate fraud. It's also a strong reminder to US companies of the risks involved when engaging intermediaries to facilitate business transactions abroad.
Welcome back to Global Glance. This week we look at how a Chinese insurance company may be changing the nature of M&As, FIFA’s surprising claim to victimhood, and a strange and lavish soccer school in rural China.
Welcome back to Global Glance.This week we look at: China’s massive state layoffs and zombie plants; Nigeria’s ghost workers; and Barclays’ Africa exit.