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Monday, April 15, 2019 - Italy's UniCredit to pay $1.3 billion to settle U.S. sanctions probe
UniCredit
Source - https://www.reuters.com/article/us-unicredit-sanctions-settlement-exclus/italys-unicredit-to-pay-13-billion-to-settle-us-sanctions-probe-idUSKCN1RR1TK
Italy’s top bank UniCredit SpA and two subsidiaries have agreed to pay $1.3 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, U.S. authorities said on Monday.

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Tuesday, April 9, 2019 - Standard Chartered fined $1.1 billion for violating sanctions and anti-money laundering laws
Standard Chartered Bank
Source - https://www.nytimes.com/2019/04/09/business/standard-chartered-sanctions-violations.html
The British bank Standard Chartered has agreed to pay $1.1 billion to settle allegations by the authorities in the United States and the United Kingdom that it violated anti-money laundering laws and economic sanctions.

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Saturday, April 6, 2019 - Two ‘suspicious packages sent to Bank of England,’ several London streets closed by police
Bank of England (BoE)
Source - https://www.rt.com/uk/455672-bank-england-suspicious-packages/
Three streets in central London have been cordoned off by police, due to two suspicious packages sent to the Bank of England.

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Friday, April 5, 2019 - Swedbank’s chairman quits amid money-laundering scandal
Swedbank
Source - https://www.nytimes.com/2019/04/05/business/swedbank-money-laundering.html
A money-laundering scandal that has upended the world of Scandinavian finance ensnared another executive on Friday, when the chairman of Swedbank, one of Sweden’s largest lenders, resigned amid investigations into the activities of its subsidiaries in the Baltics.

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Thursday, March 28, 2019 - FCA fines Goldman Sachs International £34.3 million for transaction reporting failures
Goldman Sachs
Source - https://www.fca.org.uk/publication/final-notices/goldman-sachs-international-2019.pdf
Goldman Sachs International (GSI) has been fined £34,344,700 by the Financial Conduct Authority (FCA) for failing to provide accurate and timely reporting relating to 220.2 million transaction reports between November 2007 and March 2017.

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Thursday, March 28, 2019 - Swedbank CEO fired after laundering allegations spiraled
Swedbank
Source - https://www.bloomberg.com/news/articles/2019-03-28/swedbank-ceo-has-been-fired-amid-mounting-laundering-allegations
Swedbank AB’s chief executive officer, Birgitte Bonnesen, was dismissed by the board amid allegations the bank was used to launder billions of dollars in Russian money on her watch.

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Tuesday, March 26, 2019 - Ex-UBS broker first to be sentenced in fraudulent Puerto Rico bond sales scheme
UBS
Source - https://www.cnbc.com/2019/03/26/ex-ubs-broker-sentenced-in-fraudulent-puerto-rico-bond-sales-scheme.html
A former top broker in Puerto Rico for the Swiss banking giant UBS was sentenced to a year and a day in prison Tuesday, months after he pleaded guilty to criminal bank fraud for pocketing $1 million in commissions in a scheme that saw many investors lose their life savings.

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Tuesday, March 26, 2019 - Swedbank report spotted anti-money-laundering breaches
Swedbank
Source - https://uk.reuters.com/article/us-europe-moneylaundering-swedbank/swedbank-report-shows-it-failed-anti-money-laundering-obligations-swedish-tv-idUKKCN1R721L
An internal Swedbank report identified major breaches of anti-money laundering obligations involving its business in Estonia, Swedish public broadcaster SVT said on Tuesday after having seen a copy of the document.

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Tuesday, March 26, 2019 - Japan market watchdog seeks $1.2 million fine against Citi, alleges JGB manipulation
Citigroup
Source - https://ca.reuters.com/article/idCAKCN1R70PT-OCABS
Japan’s SESC market watchdog said on Tuesday it had recommended a $1.2 million fine against the British unit of Citigroup Inc for alleged manipulation of Japanese government bond (JGB) futures prices.

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Tuesday, March 26, 2019 - Citigroup sued for age discrimination by 56-year-old banker
Citigroup
Source - https://www.bloomberg.com/news/articles/2019-03-26/citigroup-sued-for-age-discrimination-by-56-year-old-u-k-banker
Citigroup Inc. was sued for age discrimination by a 56-year-old London banker who had worked at the bank for almost three decades before he was let go in 2017.

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Monday, March 25, 2019 - Bank error means 3,400 homeowners face higher repayments
Bank of Ireland
Source - https://www.independent.ie/business/personal-finance/property-mortgages/bank-error-means-3400-homeowners-face-higher-repayments-37947215.html
Thousands of Bank of Ireland mortgage customers face having to make higher payments after the lender messed up their loan calculations.

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Friday, March 22, 2019 - Merrill Lynch to pay over $8 million for improper handling of ADRs
Merrill Lynch, Pierce, Fenner & Smith
Source - https://www.sec.gov/news/press-release/2019-40
The Securities and Exchange Commission today announced that Merrill Lynch, Pierce, Fenner & Smith Incorporated will pay over $8 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs).

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Friday, March 22, 2019 - World’s biggest banks accused of price-fixing Fannie Mae, Freddie Mac bonds
Bank of America
Source - https://www.housingwire.com/articles/48502-worlds-biggest-banks-accused-of-price-fixing-fannie-mae-freddie-mac-bonds
More than a dozen of the world’s largest financial institutions conspired to fix the prices on more than $485 billion in bonds issued by Fannie Mae and Freddie Mac over a five-year period, according to a new blockbuster lawsuit.

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Tuesday, March 19, 2019 - FCA fines UBS AG £27.6 million for transaction reporting failures
UBS
Source - https://www.fca.org.uk/publication/final-notices/ubs-ag-2019.pdf
UBS AG (UBS) has been fined £27,599,400 by the Financial Conduct Authority (FCA) for failings relating to 135.8 million transaction reports between November 2007 and May 2017.

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Tuesday, March 19, 2019 - U.S. bank regulator fines Citigroup $25 million for violating fair lending rules
Citigroup
Source - https://www.reuters.com/article/us-usa-occ-citigroup/u-s-bank-regulator-fines-citigroup-25-million-for-violating-fair-lending-rules-idUSKCN1R0269
The U.S. Office of the Comptroller of the Currency (OCC) said on Tuesday it had fined Citigroup $25 million for violating the Fair Housing Act by denying some borrowers preferential rates on the basis of their race, color or other factors.

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Monday, March 18, 2019 - ING Groep woes worsen after Bank of Italy's anti-laundering checks
ING Groep NV
Source - https://www.businesstimes.com.sg/banking-finance/ing-groep-woes-worsen-after-bank-of-italys-anti-laundering-checks
The Bank of Italy asked ING Groep NV to avoid any business with new clients in the country after it fell short in recent anti-money laundering checks, adding to the Dutch lender's compliance woes.

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Monday, March 18, 2019 - Bank of China subsidiary fined HKD 10 million by SFC
Bank of China / 中国银行
Source - https://www.financemagnates.com/institutional-forex/regulation/bank-of-china-subsidiary-fined-hkd-10-million-by-sfc/
A Bank of China subsidiary was fined HKD 10 million ($1.27 million) this Monday by the Hong Kong Securities and Futures Commission (SFC).

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Saturday, March 16, 2019 - Indian antitrust watchdog raids Glencore business, others over pulse prices
Glencore Xstrata
Source - https://uk.reuters.com/article/uk-india-regulator-glencore-raid-exclusi/exclusive-indian-antitrust-watchdog-raids-glencore-business-others-over-pulse-prices-sources-idUKKCN1QX0HZ?feedType=RSS&feedName=GCA-GoogleNewsUK
India’s antitrust watchdog raided units of global commodities trader Glencore and two other firms in Mumbai on Saturday in an inquiry into alleged collusion on the price of pulses, four sources with knowledge of the raids told Reuters.

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Friday, March 15, 2019 - PwC to pay $335 million over failed audits of Alabama's Colonial Bank
PricewaterhouseCoopers (PwC)
Source - https://www.reuters.com/article/us-pwc-fdic-settlement/pwc-to-pay-335-million-over-failed-audits-of-alabamas-colonial-bank-u-s-regulator-idUSKCN1QW2HU
A top U.S. banking regulator said on Friday that PricewaterhouseCoopers will pay $335 million to settle claims of “professional negligence,” after saying the auditor should have identified problems leading to the 2009 collapse of Alabama-based Colonial Bank.

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Thursday, March 14, 2019 - Former graduate trainee sues UBS over rape allegation
UBS
Source - https://www.ft.com/content/70a32180-45b5-11e9-b168-96a37d002cd3
UBS has been hit with a claim for uncapped damages by a former graduate trainee who alleges she was raped by a colleague nearly 20 years her senior before the bank mishandled the matter and failed to protect her.

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