Britain’s markets regulator is seeking to fine former Deutsche Bank AG (DBK) trader Christian Bittar about 10 million pounds ($17 million) for trying to rig benchmark interest rates, its largest ever penalty against an individual, said a person with knowledge of the situation. The Financial Conduct Authority notified Bittar in […]

U.S. authorities negotiating with BNP Paribas over alleged sanctions violations at one point suggested that France’s biggest bank pay a penalty as high as $16 billion, according to people familiar with the matter. While the sources said that number was only proposed as a negotiating tactic in response to an […]

The Central Bank of Nigeria has fined Access Bank Plc the sum of N353.39m for violating the regulator’s guidelines on the Commercial Agriculture Credit Scheme. The fine, imposed on the bank last month, was contained in the CBN’s Development Finance Department report for the month of May. The 19-page report, […]