All Nomura articles

  • Bank of America
    Premium

    Table: SEC, CFTC off-channel communications penalties

    2024-02-09T17:00:00Z

    The Securities and Exchange Commission and Commodity Futures Trading Commission have combined to levy nearly $3.5 billion in penalties (so far) against firms and their affiliates in response to recordkeeping failures regarding employee use of off-channel communications for business purposes.

  • Bank of America
    Article

    Compliance deficiencies highlighted in $1.8B crackdown on messaging apps

    2022-09-28T18:39:00Z

    Eleven banks, investment firms, and their affiliates will pay a total of more than $1.8 billion in fines for “widespread and longstanding failures” in monitoring, maintaining, and preserving electronic communications by employees.

  • Article

    Nomura, UBS, UniCredit fined $453M total over EU cartel scheme

    2021-05-21T16:18:00Z

    The European Commission fined Nomura, UBS, and UniCredit a total of €371 million (U.S. $453 million) for their participation in a cartel scheme through a group of traders. Bank of America, Natixis, NatWest, and Portigon were also each allegedly involved but not penalized.