Financial institution of America racked up $1.2 billion in penalties, settlements in 2022
NEW YORK, Feb 22 (Reuters) – Financial institution of America Corp (BofA) (BAC.N) amassed $1.2 billion in bills for litigation…
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UBS set to use for China mutual fund license – WSJ
Feb 23 (Reuters) – Switzerland’s largest financial institution UBS Group AG (UBSG.S) is seeking to apply for a mutual fund…
BNP Paribas sued in France over fossil-fuel financing
World first in opposition to a business financial institution -plaintiffs Case based mostly on legislation that enhances company duties BNP…
Ex Credit score Suisse banker loses $86 mln London enchantment over misplaced earnings
LONDON, Feb 17 (Reuters) – A former Credit score Suisse (CSGN.S) banker, who was convicted and sentenced to jail in…
France’s AMF offers banks 18 mths to resolve India trades amid regulator standoff
Feb 17 (Reuters) – France’s AMF market regulator has given its banks and members eighteen months to search out new…
Russia’s central financial institution says falling rouble driving inflation increased
Feb 17 (Reuters) – Russia’s central financial institution mentioned on Friday that inflationary pressures throughout the economic system had remained…
India watchdog probes short-seller’s allegations about Adani, market exercise
NEW DELHI, Feb 13 (Reuters) – India’s markets regulator on Monday advised the nation’s prime courtroom it was wanting into…
‘Day of ache’: Wirecard boss denies fees in huge fraud trial
MUNICH, Feb 13 (Reuters) – The previous boss of Wirecard on Monday expressed his “deepest remorse” over the collapse of…