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Britain"s PwC fined $5.8 million over audit of Redcentric

Britain's accounting watchdog said on Thursday it had fined PwC 4.55 million pounds ($5.8 million) for failing to challenge management at IT services company Redcentric where a 20 million pound hole was later found in the books......»»

Category: topSource: reutersJun 13th, 2019

KPMG fined $6 million in Britain over audit of Quindell

LONDON (Reuters) - Britain's accounting watchdog fined auditor KPMG 4.5 million pounds ($6 million) on Monday for failings in its audit of Quindell Plc, after the legal services firm twice restated its accounts leading to heavy losses......»»

Category: topSource: reutersJun 11th, 2018

KPMG fined $4.3 million in Britain over audit of Quindell

LONDON (Reuters) - Britain's accounting watchdog fined KPMG 3.2 million pounds ($4.3 million) on Monday for failings in its audit of Quindell Plc, after the legal services firm twice restated its accounts leading to heavy losses......»»

Category: topSource: reutersJun 11th, 2018

KPMG fined $50 million for using stolen data, exam fraud: U.S. SEC

KPMG LLP has agreed to pay a $50 million fine over allegations former staffers used stolen information to alter some of the accounting firm's previous audit work and cheated on training exams, the U.S. Securities and Exchange Commission said on Monday......»»

Category: topSource: reutersJun 17th, 2019

Goldman Sachs fined $45 million by UK watchdog for reporting failures

Britain's markets watchdog said on Thursday it had fined Goldman Sachs International a record 34.3 million pounds ($45 million) for failing to provide accurate reporting of transactions over a decade......»»

Category: topSource: reutersMar 28th, 2019

UK watchdog fines Goldman Sachs $45 million for reporting failures

Britain's markets watchdog said on Thursday it has fined Goldman Sachs 34.3 million pounds ($45.07 million) for failing to provide accurate and timely reporting of transactions spanning a decade......»»

Category: topSource: reutersMar 28th, 2019

UK regulator fines KPMG for misconduct on Ted Baker audit

The UK's Financial Reporting Council has fined accountants KPMG three million pounds and reprimanded and fined senior partner Michael Francis Barradell for misconduct related to auditing of British fashion retailer Ted Baker's accounts......»»

Category: topSource: reutersAug 20th, 2018

Standard Chartered fined $133 million by Britain"s financial watchdog

Standard Chartered Plc said on Wednesday Britain's financial watchdog had imposed a fine of 102.2 million pounds ($133.34 million) in relation to its investigation into the bank's historical financial crime controls......»»

Category: topSource: reutersFeb 20th, 2019

StanChart fined $133 million by Britain"s financial watchdog

Standard Chartered Plc said on Wednesday Britain's financial watchdog has imposed a fine of 102.2 million pound ($133.3 million) in relation to its investigation into the bank's historical financial crime controls......»»

Category: topSource: reutersFeb 20th, 2019

Shell fined for explosions, gas leak at Dutch chemical plant

A Dutch court has fined oil giant Shell 2.5 million euros ($2.8 million) for breaching Dutch labor and environmental laws in a case linked to two explosions and a gas leak at a chemical plant south of Rotterdam......»»

Category: topSource: foxnewsJun 17th, 2019

SEC fines KPMG $50 million for illegal use of regulatory data and cheating on internal exams

The Securities and Exchange Commission settled charges with KPMG LLP for altering past audit work after receiving stolen information about .....»»

Category: topSource: marketwatchJun 17th, 2019

KPMG to pay $50 million for using stolen data, exam fraud: SEC

Accounting firm KPMG LLC has admitted to using stolen information to alter some of its previous audit work and cheating on training exams, and agreed to pay a $50 million penalty, the Securities and Exchange Commission said on Monday......»»

Category: topSource: reutersJun 17th, 2019

SEC fines Chinese bank $42 million for mishandling ADRs

The Securities and Exchange Commission fined Industrial and Commercial Bank of China Financial Services LLC, a wholly-owned subsidiary of Industrial and Commercial Bank .....»»

Category: topSource: marketwatchJun 14th, 2019

The Wall Street Journal: Canon and Toshiba fined $2.5 million each for U.S. antitrust violations

Canon Inc. and Toshiba Corp. on Monday agreed to pay $2.5 million each to settle charges the companies violated U.S. antitrust laws by failing to notify authorities before a deal made for Toshiba’s medical device business......»»

Category: topSource: marketwatchJun 10th, 2019

Elliott Management to acquire Barnes & Noble for $683 million

Elliott, the firm founded and led by billionaire Paul Singer, acquired Britain's biggest bookseller, Waterstones, last year. Owning the two book retailing giants could give Elliott synergies and buying leverage with publishers......»»

Category: topSource: moneycentralJun 7th, 2019

Elliott Management to acquire Barnes & Noble for $683 million

Elliott, the firm founded and led by billionaire Paul Singer, acquired Britain's biggest bookseller, Waterstones, last year. Owning the two book retailing giants could give Elliott synergies and buying leverage with publishers......»»

Category: topSource: moneycentralJun 7th, 2019

Swiss regulator fines banks for fixing forex trading

Five banks have been fined a total of 90 million Swiss francs ($90.53 million) for colluding to rig the foreign exchange market, Switzerland's competition authority said on Thursday......»»

Category: topSource: reutersJun 6th, 2019

Ford"s China business hit with $23.6 million fine

Chinese regulators have fined Ford's main joint venture in the country for violating antitrust laws......»»

Category: topSource: moneycentralJun 5th, 2019

Renault, Nissan urge legal action against for Ghosn expenses

Renault says an internal audit with partner Nissan found 11 million euros in questionable expenses at their Dutch-based holding linked to ousted chief Carlos Ghosn......»»

Category: topSource: foxnewsJun 4th, 2019

Safaricom, Vodacom plan $13 million M-Pesa deal

Kenya's Safaricom will start a joint venture with South Africa's Vodacom to acquire the intellectual property rights of M-Pesa from Britain's Vodafone, Safaricom's CEO said on Thursday. Serena Chaudhry reports......»»

Category: videoSource: reutersMay 23rd, 2019

Germany"s Bosch fined $100 million over diesel scandal

German prosecutors have fined auto components and technology company Robert Bosch GmbH 90 million euros ($100 million) over its role in the diesel emissions scandal that erupted at Volkswagen in 2015......»»

Category: topSource: foxnewsMay 23rd, 2019