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C Suisse penalised for leaking information

Sunset in Tokyo, Japan

Credit Suisse became the second global bank to be penalised in Japan for leaking information about a company’s earnings, amid a regulatory probe that has raised questions about how brokerages handle stock research in the country.

Former BofA chief to pay $7.5m settlement

Bank Of America Corner Signs

The New York State attorney general announced Friday that the office had reached a $7.5m settlement with Joe Price, the former chief financial officer for Bank of America, over allegations that the bank’s management withheld material information related to its 2008 merger with Merrill Lynch.

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Sunset in Tokyo, Japan

C Suisse penalised for leaking information

Credit Suisse became the second global bank to be penalised in Japan for leaking information about a company’s earnings, amid a regulatory probe that has raised questions about how brokerages handle stock research in the country.