NY regulator slaps Panama Papers-linked Nordea bank with $35m fine
The New York State Department of Financial Services issued a consent order against Finland-based Nordea Bank, citing deficiencies related to the Bank Secrecy Act and anti-money laundering requirements.
Texas Capital cuts workforce, sells securities in push to meet 2025 goals
The Dallas company, which has been in transformation mode for three years, recently took a series of actions to try to meet the profitability targets it set for itself.
JPMorgan Chase said to be investigating TikTok check fraudsters
A company spokesperson said the company reviews fraud-related issues and refers them to law enforcement "as appropriate."
Massachusetts fines Morgan Stanley over trades by ex-First Republic CEO
Morgan Stanley will have to pay $2 million for failing to flag trading in First Republic Bank by its former CEO. The transactions happened in the lead-up to the regional bank's collapse.