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Australia"s Westpac fined $2.4 million in rate case, fraction of penalty sought

Westpac Banking Corp won vindication of its decision to fight accusations its conduct in handling of a key rate was unconscionable as an Australian court fined it A$3.3 million ($2.4 million), far less than the sum sought by a regulator......»»

Category: topSource: reutersNov 9th, 2018

Australia"s CommBank accepts record fine in money-laundering case

Commonwealth Bank of Australia (CBA) has agreed to a record penalty of A$700 million ($529.3 million) to settle explosive money laundering charges brought by Australia's financial intelligence agency. Ed Giles reports......»»

Category: videoSource: reutersJun 4th, 2018

Australia"s CommBank accepts record penalty in money-laundering case

SYDNEY (Reuters) - Commonwealth Bank of Australia (CBA) agreed to a record penalty of A$700 million ($529.3 million) to settle explosive money laundering charges brought by Australia's financial intelligence agency......»»

Category: topSource: reutersJun 3rd, 2018

CFPB chief dilutes penalty against payday lender: sources

Mick Mulvaney, the top cop for U.S. consumer finance, on Wednesday fined a payday lender $200,000 for wrongly hounding borrowers but the penalty fell short of the $3 million his predecessor was seeking, said three sources familiar with the move......»»

Category: topSource: reutersOct 24th, 2018

U.S. CFTC orders BNP Paribas to pay $90 million penalty for rate-rigging

U.S. federal regulators on Wednesday ordered BNP Paribas to pay a $90 million civil penalty after settling charges against BNP Paribas Securities Corp [BNPPSS.UL] for attempted manipulation of the ISDAfix benchmark......»»

Category: topSource: reutersAug 29th, 2018

Apple Fined for Error 53 in Australia

Apple Fined for Error 53 in Australia Apple was Tuesday fined Aus$9 million (US$6.7 million) by an Australian court for making false claims about consumer rights when refusing to fix .....»»

Category: topSource: livetradingnewsJun 19th, 2018

Apple has been fined $6.6 million for "misleading" iPhone and iPad users about third-party repairs (APPL)

Apple Apple fined $6.6 million for misleading Australia.....»»

Category: topSource: businessinsiderJun 19th, 2018

Australian court fines Apple $6.7 million over iPhone "bricking" case

SYDNEY (Reuters) - An Australian court fined U.S. electronics giant Apple Inc A$9 million ($6.7 million) on Tuesday after a regulator accused it of using a software update to disable iPhones which had cracked screens fixed by third parties......»»

Category: topSource: reutersJun 19th, 2018

Citibank Fined $100 Million for Manipulating Key Global Interest Rate

The decade-long LIBOR saga continues. Citibank on Friday reached a settlement with 42 U.S. states to pay a $100 million fi.....»»

Category: europeSource: fortuneJun 16th, 2018

Citibank fined $100 million for interest rate manipulation

Citibank will pay a huge fine for manipulating an important interest rate......»»

Category: topSource: moneyJun 15th, 2018

French bank fined $860 million for bribes and rate manipulation

Société Générale will pay more than $860 million in fines for bribing Libyan officials and manipulating a benchmark lending rate......»»

Category: topSource: cnnJun 4th, 2018

Société Générale fined $860 million for bribes and rate manipulation

Société Générale will pay more than $860 million in fines for bribing Libyan officials and manipulating a benchmark lending rate......»»

Category: topSource: moneyJun 4th, 2018

Australia"s CBA seeks redemption with record settlement

SYDNEY (Reuters) - Commonwealth Bank of Australia (CBA) agreed to pay a record penalty of A$700 million ($529.3 million) to settle explosive money laundering charges brought by Australia's financial intelligence agency......»»

Category: topSource: reutersJun 4th, 2018

Nirbhaya case: SC reserves order on plea seeking to review death penalty

Two of the four condemned convicts sought review of its 2017 verdict upholding death penalty awarded to them in the Nirbhaya gangrape and murder case.....»»

Category: topSource: business-standardMay 4th, 2018

Enbridge fined $1.8M for missing pipe inspection deadlines

Enbridge Inc. has agreed to pay a $1.8 million penalty in a deal with the U.S. government, which accused the Canadian oil transport company of missing deadlines for inspecting pipelines to prevent leaks......»»

Category: topSource: foxnewsMay 3rd, 2018

Sears gets a $350M loan so it can survive through the holidays

Sears Holdings Corp. obtained a new $350 million loan that will allow the bankrupt retailer to keep operating through the holiday season. Great American Capital Partners is loaning the money — at a pretty high interest rate — to keep Hoffman .....»»

Category: topSource: bizjournalsNov 15th, 2018

Saudi Arabia Seeks Death Penalty for 5 People in Khashoggi Killing

The deputy attorney general said 11 people out of 21 held in the case have been charged. A Saudi royal adviser and a senior intelligence official played key roles in the mission that ultimately led to the kil.....»»

Category: europeSource: fortuneNov 15th, 2018

Dream Getaways: Luxury mountain lodge in Vail listed for $21.5 million

Editor's note: The Minneapolis/St. Paul Business Journal launched its weekly Dream Getaways series last week, giving our readers a look at luxury properties on the market in warm — or this case, mountainous — locales far from Minnesota's frigid prai.....»»

Category: topSource: bizjournalsNov 15th, 2018

Newmark team secures $54M loan for 60 Guilders venture

On behalf of a partnership led by 60 Guilders, Newmark Knight Frank (NKF) has secured a $54 million floating-rate loan for the refinancing of 119-121 .....»»

Category: realestateSource: realestateweeklyNov 14th, 2018

Exclusive: Dragos Raises $37 Million to Secure Industrial Systems

An NSA veteran takes on nation state attackers. Two years ago when Rob Lee first sought funding for his cybersecurity startup Dragos, most venture capitalists didn’t deem the business “investible,” he says. The market for se.....»»

Category: europeSource: fortuneNov 14th, 2018

Dragos Raises $37 Million to Secure Industrial Systems

An NSA veteran takes on nation state attackers. Two years ago when Rob Lee first sought funding for his cybersecurity startup Dragos, most venture capitalists didn’t deem the business “investible,” he says. The market for.....»»

Category: europeSource: fortuneNov 14th, 2018