Penalties and fines

HSBC's private-banking unit was fined a record $51 million over sales of structured products linked to Lehman Brothers in Hong Kong.

Policymakers have made significant progress in the assigning of regulatory accountability, but more work is necessary.

German bank says the $220 million settlement closes the book on its Libor-related misdeeds; reopening mandatory arbitration could backfire on banks.

Bank of America set aside $100 million in its reserves for representation and warranty claims ahead of a pending settlement to resolve legacy mortgage issues.

The workers who have been brought back do not include any of the more than 5,000 employees who were fired for alleged misconduct, according to the company.

All 12 credit unions subject to late fees had assets of $50 million or less.

Auditors performing a review of Ocwen Financial padded time sheets and claimed excessive and improper expenses, including lengthy travel and meals at strip clubs and casinos, according to a lawsuit filed against Fidelity Information Services.

The regulator said that the Bank of Lake Mills, Freedom Stores and Military Credit Services violated the FTC Act.

The London-based bank overbilled customers by nearly $50 million through violations including collecting excess mutual fund fees.

The founders of the South Carolina bank, which liquidated after lavish spending and losses depleted its capital, paid a total of $55,000 in fines and face restrictions on future employment.