All United States articles

  • OCC
    News Brief

    OCC cites three banks for risk management, BSA-related failures


    The Treasury Department’s Office of the Comptroller of the Currency cited three banks for unsafe and unsound business practices that mirror issues similar to what spurred last year’s banking crisis, including risks posed to bank investments by higher interest rates and liquidity concerns in the event of a bank’s failure.

  • Fines

    Study: Post-financial crisis fines against financial institutions hit $36B


    Global fines and penalties against financial institutions hit $36 billion last year, as ramifications from the financial crisis continue to reverberate throughout the financial services industry, according to a new report.

  • Blog

    Harley-Davidson: Cost implications of EU retaliatory tariffs


    Harley-Davidson plans to shift production of its motorcycles for EU destinations out of the United States to its international facilities to avoid the EU’s retaliatory tariffs, providing a glimpse into the broader cost implications that the trade war is expected to have on global companies.

  • Blog

    EU retaliates against U.S. steel, aluminum tariffs


    The European Commission adopted on June 20 a regulation putting in place the EU’s rebalancing measures in response to U.S. tariffs on steel and aluminum. The measures will immediately target a list of products worth €2.8 billion (U.S. $3.2 billion) and will come into effect on June 22.

  • Blog

    Keppel Offshore to pay $422M to resolve bribery case


    Singapore-based Keppel Offshore & Marine and its wholly owned U.S. subsidiary will pay a combined $422 million criminal penalty to resolve charges with authorities in the United States, Brazil, and Singapore arising from a decade-long to pay millions of dollars in bribes to officials in Brazil.