Ericsson breached a 2019 deferred prosecution agreement intended to resolve a probe into 17 years of alleged corruption in Djibouti, China, Vietnam, Indonesia, and Kuwait.
March 5, 2023Manufacturing conglomerate Honeywell will pay $120mn to Brazilian authorities, $39.4mn to the DOJ, and $42.3mn to the SEC.
December 22, 2022The action was coordinated among US, South African and Swiss authorities. ABB also paid bribery related fines in 2004 and 2010.
December 11, 2022The charges against Meng Wanzhou were dismissed as part of her September 2021 deferred prosecution agreement.
December 5, 2022HSBC welcomed the decision, saying its employees have worked hard over the last decade to transform the bank's financial crime risk management capabilities.
September 6, 2022Julius Baer admitted it conspired to launder over $36mn in bribes through the US to soccer officials with FIFA and other soccer federations.
May 28, 2021Swiss Life and its subsdiaries created and marketed insurance products specially designed for US persons seeking to hide offshore assets and evade tax.
May 17, 2021The bank’s employees and agents concealed bribes paid to obtain and maintain lucrative business in Saudi Arabia, Abu Dhabi, Italy and China.
January 12, 2021Four Scotiabank traders based in New York, London and Hong Kong placed thousands of orders in precious metals futures between 2008 and 2016 to manipulate prices.
August 21, 2020