US court fines Credit Suisse trader over bond prices

A New York court has fined a former UK-based Credit Suisse trader for his role in artificially inflating bond prices.

Years of US fines over Iran loom for foreign banks like Deutsche Bank, Intesa San Paolo

LONDON/FRANKFURT: For years, the United States struggled to get foreign bankers to comply with its effort to throttle Iran's economy - but a couple of billion dollars in fines, not to mention lurid headlines and talk of jail time, has suddenly got their attention.