Volkswagen has confirmed it has negotiated a $4.3bn (£3.5bn) draft settlement with US regulators to resolve its diesel emissions scandal. The German car giant said in addition to the ... Read More
Shares of Deutsche Bank hit record lows last week, as the German lender struggled to come to terms with US regulators over its involvement in the subprime mortgage crisis. ... Read More
Federal Trade Commission alleges Volkswagen deceived customers by selling cars based on fraudulent claims that they were environmentally friendly A federal consumer watchdog sued Volkswagen on Tuesday, charging the ... Read More
South Korea’s antitrust regulator is probing Volkswagen AG over its advertising claims on emissions from its cars, an official at the agency told Reuters on Friday. The Fair Trade ... Read More
US regulators have rejected Volkswagen’s recall plan for diesel cars fitted with emissions “cheat” devices. The California Air Resources Board said the proposals did “not adequately address overall impacts ... Read More
German company Deutsche Bank has been fined $285m (£185m) by US regulators for working with US-sanctioned countries Syria and Iran. The bank will pay penalties to the New York ... Read More
After fines totalling many billions of pounds from UK and US regulators, a new threat is about to hit the major banks found guilty of manipulating the foreign exchange ... Read More
Banks want assurances from U.S. regulators that they will not be barred from certain businesses before agreeing to plead guilty to criminal charges over the manipulation of foreign exchange ... Read More
The U.S. Justice Department is set to rip up its agreement not to prosecute UBS Group AG for rigging benchmark interest rates, according to a person familiar with the ... Read More
TEN GLOBAL banks were fined a total of $43.5m (£27.7m) by US regulator Financial Industry Regulatory Authority (FINRA) yesterday for their attempts to misuse analysts’ research to gain lucrative jobs on Toys ... Read More
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