RATINGS firm Standard & Poor's paid A$215 million (S$215 million) to settle a lawsuit in Australia where it was accused of overlooking risks when awarding high ratings to opaque investments...

[LONDON] Barclays Plc agreed to pay $2 billion in civil penalties to settle a US investigation into its marketing of residential mortgage-backed securities between 2005 and 2007.

[WASHINGTON] Merrill Lynch has agreed to settle US charges over allegations that it did not properly prevent unregistered sales of a software company's shares on behalf of a China-based issuer,...