The UK Financial Conduct Authority announced in a statement today that the regulator and the US Commodity Futures Trading Commission has fined RP Martin Holdings Ltd a combined $2.3 million for their collusion with a UBS trader to rig the London interbank offered rate linked to the Japanese yen.
An employee memo signed by Citigroup Inc Chief Executive Officer Michael Corbat revealed that 11 people, including executives, were fired in relation to the $400 million Banamex loan fraud.
Spokesman Matt Mittenthal for New York Attorney General Eric Schneiderman said that the new subpoena was a revised form of the original in order to address the technical issue they encountered when a May 13 ruling voided the demand for information for its tax probe on Airbnb Inc.
The US Department of Education has recently distributed a proposed rule that would guarantee college students who have debit cards and checking accounts with banks under special marketing deals with their schools to not pay almost all service fees, Bloomberg said.
