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Lloyds pays 2.5bn to deal with final PPI claims

2020-02-20 09:44:32| BBC News | Business | UK Edition

The bill weighed on the bank's profits, but is close to drawing a line under the mis-selling saga.

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John Stumpf: Ex-Wells Fargo boss pays $17.5m to settle charges

2020-01-24 03:11:23| BBC News | Business | UK Edition

John Stumpf has also been banned from working for US national banks after a fake accounts scandal.

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Collector pays UK-record 1m for rare coin

2020-01-17 01:13:42| BBC News | Business | UK Edition

Only six Edward VIII sovereigns were made but it is not just its rarity that fascinates historians.

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Inditex pays virus-hit factory workers in Spain - for now

2019-12-09 14:14:00| Daily apparel & textile news and comment - from just-style.com

Spanish fashion giant Inditex, which owns the Zara fashion chain, is to pay its Spanish workers their full salaries until 15 April, just-style has been told - including those in its domestic factories.

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Ericsson pays over USD 1 bln to resolve bribery charges in the US

2019-12-09 08:54:00| Telecompaper Headlines

(Telecompaper) Ericsson has agreed to pay USD 520.6 million and USD 458.4 million (plus pre-judgement interest of USD 81.5 million) to settle bribery charges brought by the US Department of Justice (DoJ) and Securities and Exchange Commission (SEC), for a total of over USD 1 billion. CEO Borje Ekholm said the Ericsson can move forward and build a stronger company. 

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