-
The Justice Department announced a criminal plea and settlement with BNP Paribas on Monday, in which the French bank will pay nearly $8.9 billion to settle charges it willfully continued to do business with countries and entities on the U.S. sanctions list. It was the largest sanctions fine in the Justice Department's history more than four times larger than #2 on the list. The following are the largest penalties paid by banks for sanctions violations.
July 2
-
-
Low or negative correlation is necessary for a good alternative investment, but don't forget the second essential trait.
July 2
-
BlackRock Retakes Lead in ETF Deposits on Emerging-Markets
July 2 -
Innovation Essential for ETF Wholesalers
July 2 -
Treasury Department approves new annuity; Advisors keep clients' emotions in check; Important questions about Social Security
July 2 -
The recruiting firm awards exam fee reimbursements to three new planning graduates -- as long as they pass the test.
July 1 -
Financial products and markets are so thoroughly intertwined that regulators need to take a more holistic approach than they have in the past.
July 1 -
New options could stake out a middle ground between a lump-sum payout from a 401(k) and putting the entire plan into an annuity.
July 1 -
The errant sales assistant allegedly converted funds from an LPL business bank account.
July 1
