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Barclays agreed to settle at an early stage in the 'elephant deal" investigation

Barclays fined for cutting corners on crime checks

Britain's markets watchdog said today it had fined Barclays £72m for cutting corners on checking customers for potential financial wrongdoing.

Business • 26 Nov 15

Moody's study had raised concerns about corporate governance at 49 Chinese companies

China's report had errors, Moody's tells tribunal

Ratings agency Moody's has told a Hong Kong tribunal that a report on Chinese companies had some errors, but it stood by the material outcome of the study.

Business • 11 Sep 15

The collapse of the building society cost the Irish taxpayer €5.4 billion

Irish Nationwide admits to widespread breaches

Irish Nationwide Building Society has admitted to widespread breaches following a Central Bank regulatory investigation, and has entered into a settlement with the Central Bank.

Business • 15 Jul 15

Central Bank imposes fine of €1.75m on Western Union

Central Bank fines Western Union €1.75m

The Central Bank has fined financial services firm Western Union €1.75m for failing to comply properly with anti-money laundering and terrorist financing regulations.

Business • 19 May 15

Compensation was paid to eight funds managed by Aviva Investors on behalf of other companies within the group

Aviva Investors pays out £150m for control failure

Aviva Investors Global Services has paid out £150m in fines and compensation after failing to control conflicts of interest, Britain's markets watchdog said today.

Business • 24 Feb 15

BP had sought to reduce the amount it would have to pay per barrel spilled, which would have cut $4bn from its total fine

BP bid to reduce $13.7bn oil spill fine rejected

A US judge has rejected BP’s attempt to reduce the maximum civil fine it could face for its role in the 2010 Gulf of Mexico oil spill, leaving it potentially liable to pay $13.7bn under the federal Clean Water Act.

Business • 20 Feb 15

Reckitt Benckiser fined £539,800 for breaches of listing, disclosure and transparency rules between 2005 and 2012

Reckitt fined for trading disclosure failures

Britain's financial regulator has fined Reckitt Benckiser for not informing the market properly about share trading by two senior executives.

Business • 20 Jan 15

Alstom is claimed to have paid more than $75m to secure $4bn in projects around the world

Alstom to pay $772m fine over bribery claims

The French firm Alstom has pleaded guilty and will pay $772m to settle bribery charges with the US Justice Department.

Business • 23 Dec 14

Provident offers small loans at an APR of 157.3-187.2%

Money lending firm fined €105,000 by Central Bank

Money lending firm Provident Personal Credit has been fined €105,000 by the Central Bank for breaching regulations designed to protect customers.

Business • 01 Dec 14

RBS to pay two fines worth £56m after 2012 IT failure

RBS fined £56m over IT meltdown in 2012

Royal Bank of Scotland is to pay fines totalling £56m following an IT meltdown in 2012 which locked millions of customers out of their accounts.

Business • 20 Nov 14

Regulators last week imposed fines of $4.3 billion on HSBC, RBS, JPMorgan Chase, Citigroup, UBS and Bank of America.

Fines show still much to do on UK banking reform

A settlement over allegations of manipulation in the forex market shows reform of Britain's banking system is still badly needed and must not be diluted, a group of UK lawmakers said.

Business • 17 Nov 14

The fines relate to the rigging of the $5 trillion-a-day foreign exchange markets

Regulators fine global banks $3.4 billion

Five of the world's biggest banks are to pay fines totalling £2 billion after regulators today lifted the lid on the latest scandal to hit the banking industry.

Business • 12 Nov 14

EU fines JP Morgan for rigging interest rates

The European Commission has fined US banking giant JP Morgan over €61m for its role in rigging benchmark international interest rates.

Business • 21 Oct 14

Barclays is said to have failed 'to properly protect clients' custody assets worth £16.5 billion'

Barclays bank fined almost £38m - regulator

Britain's financial watchdog has fined Barclays bank almost £38m for putting client assets at risk, dealing a further blow to the troubled lender.

Business • 23 Sep 14

BP has already paid billions of dollars in fines over the 2010 oil spill

BP may face more fines for Gulf of Mexico spill

BP was "grossly negligent" for its role in the oil spill in the Gulf of Mexico four years ago, a US district judge has said.

Business • 04 Sep 14

The companies colluded over pricing, contracts and customers between 2003 and 2005, according to the European Commission

EU fines three firms €138m for forming chip cartel

The European Union has fined Infineon, Philips and Samsung €138m for forming a smartcard chip cartel in Europe in its latest competition case against technology firms.

Business • 03 Sep 14

Deutsche Bank failed to report millions of equity swap contracts-for-difference transactions

Britain's FCA fines Deutsche Bank £4.7m

German lender Deutsche Bank has been fined more than £4.7m (€5.9m) for incorrectly reporting some financial transactions, regulators have said.

Business • 28 Aug 14

Issues were first raised with the bank in 2011 but the bank was found to have acted too slowly to resolve them

RBS fined £14.5m over mortgage advice failings

Royal Bank of Scotland has been fined £14.5m after Britain’s financial regulator found "serious failings" in its advice to mortgage customers.

Business • 27 Aug 14

Standard Chartered paid a $667m fine to US regulators two years ago

Standard Chartered fined $300m by US regulator

New York's banking regulator has hit Standard Chartered Bank with a $300m fine and restrictions on its dollar-clearing business for inadequate controls on money laundering.

Business • 19 Aug 14

Lloyds is the latest bank to settle over its involvement in Libor rate-rigging

Lloyds to pay £218m fine over Libor rate-rigging

Lloyds Banking Group is to pay fines totalling £218 million to British and US authorities after it became the latest lender to be punished over the rigging of interest rate benchmarks.

Business • 28 Jul 14

BNP Paribas says it has ample funding to back huge fine imposed by US authorities

BNP Paribas has 'ample' funding to pay US fine

BNP Paribas has ample funding to back the fine and penalties it must pay under settlements with US authorities over violated US sanctions.

Business • 01 Jul 14

BNP Paribas is alleged to have facilitated transfers that violated some US sanctions

BNP Paribas to pay $8.8bn fine over US sanctions

The US Justice Department is expected to announce a settlement with BNP Paribas involving a record fine of nearly $9bn (€6.6bn) over alleged US sanctions violations by France's biggest bank, sources familiar with the matter said.

Business • 30 Jun 14

US authorities are probing whether BNP Paribas evaded US sanctions relating mainly to Sudan between 2002 and 2009

BNP nears $9 billion settlement with US

French bank BNP Paribas is likely to pay $8 billion to $9 billion as part of a potential settlement with US authorities over violations of sanctions, according to a source.

Business • 23 Jun 14

A proposal by BNP which would have seen it pay less than $10 billion had been turned down - sources

US authorities and BNP fail to agree on fine

Latest talks between US authorities and BNP Paribas on the level of fine it could pay for breaching US sanctions have failed to produce an agreement, sources say.

Business • 19 Jun 14

Judges at the Luxembourg-based General Court backed EU's decision to fine Intel €1 billion

Intel loses challenge against €1 billion EU fine

Intel today lost its challenge against a record €1.06 billion fine handed down by EU competition regulators five years ago for blocking rival Advanced Micro Devices.

Business • 12 Jun 14