Ex-Merck analyst sentenced for insider trading

NULL

A former Merck & Co. analyst was sentenced to three years and a month in prison for passing merger tips to an ex-business school classmate who worked at Bank of New York Mellon Corp., prosecutors said. Zachary Zwerko pleaded guilty in February to giving inside information to the former BNY Mellon employee, who used it to earn $700,000 (AED2,571,065) in illicit profit. Zwerko said he was paid $57,000 (AED209,358) for the tip. (By Patricia Hurtado/Bloomberg)

More from Business

Latest Blogs

  • Pinoy Bulletin January 26 - 30, 2026

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!

  • Pinoy Bulletin January 19 - 13, 2026

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!

  • Pinoy Bulletin October 21 - 25 2025

    Pinoy Expat Corner

    Merong Serbisyo Caravan Leg 2 dito sa Dubai ngayon November 15 & 16,  2025 , 8am to 6pm  @ Hall 3 Dubai World Trade Center,  Dubai.