Banking giant Credit Suisse Group AG said Wednesday it has agreed to pay a $47 million penalty to the Justice Department to end an FCPA investigation into hiring practices in Asia.… Continue Reading
Switzerland’s financial regulator said Thursday that JPMorgan Chase & Co. seriously breached anti-money laundering regulations in its dealings with Malaysian sovereign wealth fund 1MDB.… Continue Reading
The Federal Reserve Board Friday said it will seek fines and permanent bans against two former managing directors at J.P.… Continue Reading
Regulators in the United States, Britain, and Switzerland penalized five banks $3.3 billion for rigging foreign-exchange benchmarks.
The U.S. Commodity Futures Trading Commission, Britain’s Financial Conduct Authority, and the Swiss Financial Market Supervisory Authority fined Switzerland’s UBS AG $800 million.… Continue Reading
A key figure in the investigation of JPMorgan Chase’s hiring practices in Asia is leaving the investment bank.… Continue Reading