Carolina Panthers safety Eric Reid on Friday offered further proof of what he alleges is a campaign by the NFL to target him because of his ongoing grievance against the league. Reid tweeted a video of a play from Monday night’s 12-9 loss to the New Orleans Sa... More »
(Reuters) – Wells Fargo & Co will pay $1 billion to settle with U.S. regulators who say the bank wrongly layered insurance on hundreds of thousands of drivers and routinely hit homebuyers with excessive fees, officials said on Friday. The penalty was a record ... More »
A Keppel Corporation logo in the central business district of Singapore February 22, 2016. REUTERS/Edgar Su SINGAPORE (Reuters) – Singapore’s Keppel Corp Ltd (KPLM.SI) said the impact of a mammoth fine borne by its offshore unit will be a ‘one-off’ in this yea... More »
A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/Files NEW YORK (Reuters) – The Financial Industry Regulatory Authority said on Tuesday it fined JPMorgan Chase & Co’s (JPM.N) securitie... More »
HSBC headquarters is seen at the financial Central district in Hong Kong, China September 6, 2017. REUTERS/Bobby Yip HONG KONG (Reuters) – A Hong Kong tribunal on Tuesday imposed a record fine of HK$400 million ($51 million) on the private banking unit of HSBC... More »
Britain's financial watchdog said it had fined Bank of America's Merrill Lynch 34.5 million pounds ($45.5 million) for failing to report 68.5 million exchange traded derivative transactions between February 2014 and 2016. More »
A brokerage industry regulator on Monday ordered Wells Fargo & Co to return $3.4 million to customers after selling them inappropriate investment products, the latest sign that a culture of problematic sales practices has bled into areas outside its consumer b... More »
Italy has launched a process that could end with Telecom Italia (TLIT.MI) being fined for failing to notify Rome that French media group Vivendi (VIV.PA) had assumed de facto control of the phone company, a government source said. More »
Australia’s Crown Resorts Ltd (CWN.AX) said on Monday that 16 of its employees were fined a total of A$1.67 million ($1.27 million) by a Chinese court for breaching the country’s gaming marketing laws. More »
FILE PHOTO – White House senior adviser David Plouffe walks to the Marine One helicopter to depart with U.S. President Barack Obama for a day trip to Ohio and New York, from the White House in Washington, June 14, 2012. REUTERS/Jonathan Ernst Chicago’s ethics ... More »
Market watchdogs in Shanghai have fined fast-food chain supplier Shanghai Husi Food Co and its U.S. parent OSI Group [OSIGP.UL] more than 24 million yuan ($3.6 million) for making and selling sub-standard products in a meat scandal two years ago, the Shanghai ... More »
The Wells Fargo bank branch is seen in Golden, Colorado in an October 11, 2013 file photo. REUTERS/Rick Wilking/Files A Wells Fargo & Co mortgage unit will pay $3.45 million to some customers because of a processing error that delayed the mailing of letters to... More »
BEIJING China’s environment ministry has ordered an investigation after a provincial environmental protection body fined a polluting factory just 603 yuan ($90) for dumping waste water, state media said on Friday. China’s government has repeatedly vowed to get... More »
