Block hit with $255m in penalties over Cash App failings
Block has been ordered to pay a combined $255 million by state regulators and the CFPB over AML and fraud failures connected to the Cash App.
International Financing Review20m
IFR SNAPSHOT - US banks begin foray into IG primary
In the ECM arena, the Houston-based oil field services firm Flowco's US$427m NYSE IPO priced above range late Wednesday as investors swarmed the year's first new issue. A syndicate led by JP Morgan, ...
bankingdive42m
BMO to pay $40.6M over ‘misleading’ mortgage-backed bonds
The bank’s employees spoke about changing the bonds' "cosmetics" to boost sales, the SEC alleged. They included a sliver of ...