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Five Deutsche Bank execs face pay cut

Pair Of Scissors

Deutsche Bank’s Japanese securities unit will cut pay for five senior executives and increase compliance staff after regulators penalized the firm for excessive spending on entertaining pension fund officials.

RBS fined $100m by US regulators

RBS building sign

Royal Bank of Scotland will pay $100m to settle U.S. and New York regulators’ accusations that it violated sanctions programs targeting Iran, Sudan, Burma and Cuba.

RBS pays $100M to settle sanctions probe

RBS Pays $100m To Settle Sanctions Probe Still

Bloomberg’s Jonathan Ferro reports on the fine RBS will pay to settle accusations that its employees or executives concealed information about transactions involving parties in sanctioned nations.