The Bank of England fined HSBC £57.4 million ($72.8 million) for "serious failings" in customer money protection.
Legal & Regulatory
In Rare Bipartisan Vote, US House Approves $78 Billion Child, Business Tax Breaks Bill
The House of Representatives has approved a $78 billion bipartisan package that will boost the child tax credit and enhance business tax breaks.
Elon Musk's Tesla Sued by 25 California Counties Over Hazardous Waste
Elon Musk's electric car company, Tesla, was sued by a group of 25 California counties over hazardous waste.
Defunct Crypto Exchange FTX Is Paying Back Customers in Full: Here's What You Need to Know
FTX, the cryptocurrency exchange that has collapsed, intends to repay investors for the losses they incurred during its downfall.
Citibank Sued by New York State Over Failure to Protect, Reimburse Victims of Fraud
The state of New York has filed a lawsuit against Citibank for its alleged failure to protect customers from electronic fraud and to reimburse victims for millions of dollars in losses.
Latest News
The administration of President Joe Biden plans to require companies with federal government contracts to disclose compensation ranges in job postings.
Former President Donald Trump's tax return leaker, Charles Littlejohn, was sentenced to five years in prison.
Bipartisan negotiators in the US Congress have reached an agreement on spending levels in the 12 bills crucial in preventing a government shutdown.
The Security Service of Ukraine identified a $40 million corruption plot involving the Ukrainian military's arms purchase.
Hong Kong court ordered real estate giant China Evergrande Group to liquidate, a sign that might shake China's financial markets.
UK Prime Minister Rishi Sunak is set to unveil plans on Monday to ban the sale of disposable vapes to prevent their use by children.
A Colorado pastor, who has launched a crypto venture after God allegedly told him, is now accused of pocketing $1.3 million from his followers.
Bayer was ordered to pay $2.25 billion to a Pennsylvania man, who blamed his cancer on his exposure to the company's Roundup weedkiller.
Hunter Biden business associate John Robinson Walker said President Joe Biden met in 2017 with the head of a Chinese government-linked firm that paid millions to his son and other family members.
