Bank '£430 penalty' warning as millions face losing out
Experts warn that millions could face a £430 shortfall in returns due to a 'loyalty penalty' as banks compete for new deposits during the ISA season.
In exchange for ₹10 thousand, one has to pay 3.28 lakh, the bank received a big penalty
A customer was awarded ₹3.28 lakh by a consumer court after ₹10,000 was erroneously debited from his account despite an ATM transaction failing to provide cash.
12.2 million euros: the ECB imposes the heaviest penalty in its history on American bank JP Morgan
The European Central Bank has imposed a record fine of 12.2 million euros on JP Morgan for providing inaccurate information regarding its risk-weighted assets.
From the central bank – a 90,000 euro fine for one bank
The central bank of Lithuania has fined 'Mano bankas' €90,000 for failing to manage informational and communication technology risks adequately after a targeted inspection revealed violations.
Financial Supervisory Service Reduces Penalty to 1.4 Trillion Won Against Banks for Incomplete Sales of Hong Kong ELS
The Financial Supervisory Service of South Korea has decided to impose a reduced penalty of 1.4 trillion won on five banks for improperly selling Hong Kong-linked equity-linked securities (ELS).