Morgan Stanley to pay $2.6 bn to settle mortgage disputes
US financial firm Morgan Stanley has announced that it has entered into an agreement with the authorities to pay $2.6 billion to close legal claims related to mortgage securities that collapsed during the last financial crisis.
Feb 26, 2015, 18:38 PM IST
SEC charges India-origin person for share sale fraud
US market regulator SEC has charged India-origin Vinay Kumar Nevatia for fraudulent sale of shares to the tune of USD 900,000 by claiming that he owned these stocks.
Dec 03, 2014, 17:16 PM IST
HSBC unit fined $12.5 mn for unregistered US services
A Swiss unit of British bank HSBC has agreed to pay $12.5 million for flouting US rules requiring registration of cross-border brokerage services, the Securities and Exchange Commission announced Tuesday.
Nov 26, 2014, 10:01 AM IST
