Israel-based Teva Pharmaceutical Industries Ltd lost another legal challenge to the introduction of generic versions of its lucrative multiple sclerosis drug Copaxone when a judge dismissed its lawsuit against the US Food and Drug Administration over its calls for more additional testing of its rival's drug versions, Bloomberg reported.
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.