fined

HSBC has been fined £6.2 million by the UK Financial Conduct Authority (FCA) for failing to properly support customers in arrears or financial difficulties.The financial watchdog highlighted that deficiencies in HSBC's policies,…

AI imageLikely Republican Presidential candidate Donald Trump will have to write another big check after he lost a civil fraud case in New York. A judge fined him $364 million and barred him from running any business in the state for three…

HSBC has been fined £57.4m by the Bank of England for “serious failings” over its measures to protect customer deposits. The bank failed to accurately identify deposits eligible for Britain’s Financial Services Compensation Scheme, the…

Meta has been fined by the Israel Competition Authority for not reporting two acquisitions made by Facebook in Israel in 2018 and 2019. In September 2019 Facebook acquired Servicefriend. The year previously Facebook…

The Cyprus Securities and Exchange Commission (CySEC) has taken enforcement action against BCM Begin Capital Markets again, this time settling for a monetary penalty of €50,000. The settlement was announced today (Thursday) for “possible…

© Reuters. FILE PHOTO: EU flag and Meta logo are seen in this illustration taken, May 22, 2023. REUTERS/Dado Ruvic/Illustration/File Photo ROME (Reuters) - Meta Platforms (NASDAQ:), the parent company of Facebook, has become the…

Brokerages SoFi Securities, Public and M1 Finance misled millions of investors about their securities-lending programs, according to the Financial Industry Regulatory Authority.In such programs, brokerages make money by loaning out…

© Reuters. MUMBAI – The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) have imposed fines on Rail Vikas Nigam Limited (RVNL) and the Indian Railway Catering and Tourism Corporation (IRCTC) for failing to comply…

It is worth noting that the SEC’s action come only days after BlackRock unveiled its ticker symbol (IBTC) in anticipation of the approval of its spot Bitcoin Exchange Traded Fund (ETF). The US Securities and Exchange Commission (SEC)…

The Financial Conduct Authority (FCA) has fined former Barclays boss James Staley, £1.8m and banned him from holding top jobs in the finance industry after finding he misled them over his relationship with convicted sex offender…