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Italy"s UniCredit to pay $1.3 billion to settle U.S. sanctions probe

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......»»

Category: topSource: reutersApr 15th, 2019

US fines Italian bank $1.3 billion in sanctions probe

Italian bank UniCredit will pay $1.3 billion (1.5 billion euros) to settle charges by the U.S. government that it violated sanctions against Iran and other countries......»»

Category: topSource: foxnewsApr 16th, 2019

UniCredit Group to pay $1.3 billion, German unit to plead guilty in U.S. sanctions resolution

UniCredit Group, Italy’s biggest bank by assets, has 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......»»

Category: topSource: reutersApr 15th, 2019

UniCredit said to pay over $1B to settle US sanctions probes

UniCredit, Italy’s biggest lender, will pay over $1 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, a person familiar with the matter said on Monday......»»

Category: topSource: moneycentralApr 15th, 2019

UniCredit to pay $1.3 billion and plead guilty in U.S. sanctions probes

UniCredit, Italy’s biggest lender, will 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......»»

Category: topSource: reutersApr 15th, 2019

Exclusive: UniCredit to pay over $1 billion to settle U.S. sanctions probes - source

UniCredit, Italy’s biggest lender, will pay over $1 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, a person familiar with the matter said on Monday......»»

Category: topSource: reutersApr 15th, 2019

Unicredit fined $1.3 billion by U.S. regulators for violating sanctions program

U.S. federal and state regulators including the Justice Department and the Treasury Department fined Italian banking giant UniCredit $1.3 billion for violating U.S. sanctions programs, including t.....»»

Category: topSource: marketwatchApr 15th, 2019

British bank agrees to pay $1.1 billion in fines

British financial services giant Standard Chartered Bank will pay $1.1 billion in fines to settle allegations by U.S. and British authorities that it attempted to evade U.S. sanctions imposed on Iran, Cuba, Burma and other nations......»»

Category: topSource: foxnewsApr 9th, 2019

GE investors buoyed by $1.5B settlement in DOJ’s subprime mortgage probe

General Electric Co. has agreed to pay $1.5 billion to settle a U.S. Department of Justice investigation related to its handling of subprime mortgages through a since-shuttered subsidiary from 2005 to 2007. Shares of Boston-based GE (NYSE: GE) were .....»»

Category: topSource: bizjournalsJan 31st, 2019

Pimco buys all of $3 billion UniCredit bond: sources

U.S. fund Pacific Investment Management Co (Pimco) has bought all of a $3 billion, five-year bond offered with a hefty return by Italy's top bank UniCredit to comply with capital buffer rules, two sources familiar with the matter said......»»

Category: topSource: reutersNov 28th, 2018

SocGen Agrees to Pay $1.3 Billion to Settle U.S. Sanctions Case

Societe Generale SA settled its longstanding sanctions violations case with U.S. authorities, entering a deferred prosecution agreement with federal prosecutors and paying $1.34 billion to regulators in New York and Washington......»»

Category: topSource: moneycentralNov 20th, 2018

SocGen To Pay $1.3 Billion To Settle US Sanctions Violations Against Iran, Sudan And Cuba

Five months after French bank Societe Generale agreed to pay $1.3 billion to resolve criminal and civil charges in the United States and France for bribing Gaddafi-er.....»»

Category: blogSource: zerohedgeNov 19th, 2018

SocGen says $1.3 billion U.S. penalties will not affect 2018 results

French bank Societe Generale said on Monday it agreed to pay $1.3 billion in penalties to the U.S. authorities to settle a dispute over violations of U.S. economic sanctions, adding the fines were entirely covered by provisions......»»

Category: topSource: reutersNov 19th, 2018

Audi Settles Diesel Engine Probe for Almost $1 Billion

Luxury car brand has agreed to pay a fine of $927 million to settle a German fraud investigation related to the sale of cars with six- and eight-cylinder diesel engines that contained illegal software to manipulate emissions......»»

Category: smallbizSource: wsjOct 16th, 2018

Wells Fargo to pay $2.09 billion to settle probe into crisis-era mortgage abuses

Wells Fargo & Co. has agreed to pay $2.09 bil.....»»

Category: topSource: latimesAug 1st, 2018

Google Made A Secret Offer To Settle EU Android Probe But Failed [REPORT]

The European Union recently fined Google a staggering $5 billion in an Android antitrust.....»»

Category: blogSource: valuewalkJul 23rd, 2018

Google secretly tried to stop the probe into Android a year before its record $5 billion fine from the EU

Reuters The EU's competition watchdog fined Google €4.3 billion ($5 billion) last week for abusing the dominance of its mobile operating system, Android. Google secretly tried to settle with the Eur.....»»

Category: topSource: businessinsiderJul 23rd, 2018

RBS reaches $4.9 billion deal to settle US mortgage bond probe

The Royal Bank of Scotland said it had reached an agreement in principle with the U.S. Department of Justice......»»

Category: realestateSource: cnbcMay 16th, 2018

RBS will pay another $5 billion to settle DOJ toxic mortgages probe

A decade on from the global financial crisis, the agreement should allow RBS finally to focus on the future......»»

Category: topSource: cnnMay 10th, 2018

RBS is swallowing a "milestone" $4.9 billion fine for its role in the financial crisis — and shares are going up

RBS RBS agrees $4.9 billion fine with US Department of Justice to settle a probe into misselling in the run-up to the financial crisis. RBS shares rise 5% at the open — some investors f.....»»

Category: topSource: businessinsiderMay 10th, 2018

RBS to pay another $5 billion to settle DOJ toxic mortgages probe

The Royal Bank of Scotland has already paid out billions to settle one investigation into its alleged sale of toxic mortgages before the global financial meltdown in 2008. Now, it's paying billions more in a bid to draw a line under the crisis......»»

Category: topSource: cnnMay 10th, 2018