[SYDNEY] An Australian court fined No. 2 lender Westpac Banking Corp A$3.3 million (S$3.3 million) for unconscionable conduct in the way its traders handled a key rate for several years.

WHAT happens to the companies that allow our personal data to be stolen? In most cases, nothing. Sometimes, there is a short-lived flurry of bad publicity, a brief dip in stock prices, a class-action...

NOMURA Holding America Inc and affiliates agreed to pay a US$480 million penalty to resolve US claims that the bank misled investors in marketing and selling mortgage-backed securities tied to the...

[NEW YORK] New York state financial regulators on Wednesday fined the Dubai-based Mashreqbank US$40 million, saying it cleared millions of high-risk transactions with scant safeguards against money...

[BRUSSELS] Google on Tuesday appealed the biggest ever anti-trust fine by the EU, which imposed a 4.34 billion euro (S$6.9 billion) penalty on the US tech giant for illegally abusing the dominance of...

[NEW YORK] Britain's Royal Bank of Scotland will pay US$4.9 billion to settle charges it misled investors on mortgage-backed securities ahead of the financial crisis, the US Justice Department...

[NEW YORK] Wells Fargo will pay US$2.1 billion to settle US charges it misrepresented the quality of home loans used in securities that led to 2008 financial crisis, the Justice Department announced...

[BRUSSELS] European antitrust regulators fined Google a record 4.34 billion euro (S$6.9 billion) on Wednesday and ordered it to stop using its popular Android mobile operating system to block rivals...

[SHANGHAI] China's aviation regulator will cut Air China's flight hours for its Boeing 737 fleet by 10 per cent and cancel the licences for the pilot and co-pilot involved in an emergency...

[PARIS] French bank Societe Generale will pay US$1.3 billion to resolve criminal and civil charges in the United States and France for bribing Gaddafi-era Libyan officials and manipulating the Libor...