Fine
RBS fined 56m over IT failures
Regulators in the UK have fined Royal Bank of Scotland £56m for IT failures which meant customers of three of the groups banks were unable to access banking services.
United Kingdom | 17 Nov 14
Chase de Vere fined 560k for Keydata sale failings
Chase de Vere Independent Financial Advisers has been hit with a fine of £560,000 over the sale of Keydata products.
Banks given record fines for FX failings
The Financial Conduct Authority (FCA) has imposed its largest ever fine on five banks for their “unacceptable behaviour” in failing to manage risks in G10 spot foreign exchange trading (FX).
Sesame fined more than 15m for undermining
The UK’s most complained about advisory firm, Sesame, has been fined over £1.5m for setting up a pay-to-play scheme which promoted the company’s own commercial interests over those of its clients.
Barclays accused of betraying duties t
A Saudi businessmen is suing Barclays for $10bn in damages, claiming the company struck a secret settlement with the countrys government to further its own interests in the region.