Crime
Banking Fines Could Go To Ar...
Changes to policy at the Financial Conduct Authority could mean that banking fines will be donated to charity instead of being used to balance budgets. The FCA, one of the country’s largest financia...
Lloyds to Pay £28 Million i...
Because of ‘serious failings’ in its compensation plans for executives, Lloyds Banking Group faces a record-breaking £28 million fine. The bank reportedly gave over £365 million to its top execu...
European Commission Fines Ei...
Eight banks, including UK-based RBS, have been fined for taking part in illegal cartel action to fix interest rates. The banks fixed rates for financial derivatives, causing an increase in pricing for...
Price Comparison Websites Co...
Websites that allow consumers to compare prices for insurance policies and other common services could be investigated by the Financial Conduct Agency. The FCA claims that it will review 14 price comp...