New York State Department of Financial Services and the Bank of Israel sign MoU LeapRate

March 09, 2018 BY Valentina Kirilova

New York State Department of Financial Services and the Bank of Israel sign MoU

Financial Services Superintendent Maria T. Vullo and the Supervisor of Banks at the Bank of Israel, Dr. Hedva Ber, have just announced that they have signed an agreement of understanding (MoU) and cooperation between the two authorities. The Governor of the Bank of Israel, Dr. Karnit Flug, approved the signing of the document. The memorandum…

December 18, 2014 BY Mike Fox

Barclays admits its £500 million allocation for FX rigging fine won't be enough

CEO Antony Jenkins stated Wednesday, "Banks didn't have strong enough compliance departments. We've moved to strengthen ours. As I've always said, changing culture takes time. We're making progress - the industry has come a long way on both topics but we have work to do."

December 12, 2013 BY Gerald Segal

RBS settles with US authorities for $100 million fine in sanctions probe

The bank’s CFO Nathan Bostok resigns after only two months at the job We all know that something has been terribly wrong with RBS especially when in the aftermath of the financial crisis that erupted in 2008 the UK government had to buy its shares totaling up to £45 billion pounds to prevent it from…

Tag: Department of Financial Services