HSBC Agrees to Pay Record $1.9 Billion Fine

December 11, 2012- A multi-year probe by U.S. federal prosecutors into illegal money laundering practices by HSBC, Europe’s biggest bank, has finally reached a resolution that is acceptable to both s...

Google To Settle Antitrust Probe

July 3, 2012- Google offered on Monday to settle antitrust charges after European Union regulators gave the search giant an ultimatum following an investigation into its business practices. The move ...

Madoff’s Brother Pleads Guilty

June 30, 2012- The former No. 2 at Bernard Madoff Securities, Peter Madoff, admitted before the court on Friday that he had committed a number of crimes. He said he did not pay taxes on income that a...

Google Hit With Small $25,000 Fine

April 16, 2012- The Federal Communications Commission fined Google $25,000 for collecting data from WiFi networks that were not encrypted. The act was determined to not be illegal nevertheless; the F...