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The latest group of firms to be dinged for "off-channel" communications shows encrypted messages remain a source of concern for regulators.
By Tom SchoenbergFebruary 12 -
Bank of America Corp. will pay $16.65 billion to end federal and state probes into mortgage bond sales, the harshest penalty yet related to loans that fueled the 2008 financial crisis, the Justice Department said.
August 21 -
Citigroup agreed to pay $7 billion in fines and consumer relief to resolve government claims that it misled investors about the quality of mortgage-backed bonds sold before the 2008 financial crisis.
July 14 -
BNP Paribas pleaded guilty to charges tied to a U.S. probe of sanctions violations, resolving a wide-ranging state and federal investigation with a penalty of at least $8.8 billion, the largest fine for such a case in history.
June 30 -
Georges Chodron de Courcels resignation after more than 40 years at BNPParibas SA wont soften U.S. demands for a guilty plea and a $10 billion penalty from the French bank for sanctions violations, according to a person familiar with the matter.
June 13 -
Credit Suisse agreed to pay $2.6 billion in penalties and pleaded guilty to helping Americans cheat on their taxes, making it the first global bank in a decade to admit to a crime in a U.S. courtroom.
May 19 -
Credit Suisse Group AG is close to reaching an agreement to plead guilty and pay about $2.5 billion to the U.S. Justice Department and regulators to resolve investigations into whether it helped Americans evade taxes, three people familiar with the matter said.
May 16 -
Credit Suisse Group may be close to resolving a U.S. tax-evasion probe with an agreement that might include a penalty of more than $1 billion, after creating a separate entity last year to house the businesses involved.
May 6 -
U.S. prosecutors are seeking more than $13 billion from Bank of America to resolve federal and state investigations of the lenders sale of bonds backed by home loans in the run-up to the 2008 financial crisis, according to people familiar with the matter.
April 25