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GRIP Extra: McKinsey slapped with $650m fine for pharma work, CFPB goes after Zelle

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Other news includes a startling fact about North Korean crypto theft, a damning report about the management of Credit Suisse, and a potential Honda-Nissan merger.

United States

Cybersecurity

Hackers linked to North Korea accounted for 61% of the total amount of cryptocurrency stolen in 2024.

Enforcement

CFPB sued Wells Fargo, JP Morgan Chase, and Bank of America for allowing fraud on peer-to-peer payment network Zelle. The regulator says the banks rushed the product to market with “shoddy”

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