Bloomberg More than a year after Russia nationalised three leading private lenders, the magnitude of the losses is starting to take shape and criminal investigations are being opened against former owners and management. The bad bank that took on some 2 trillion rubles ($30 billion) in non-performing assets from Bank Otkritie FC, B&N Bank and Promsvyazbank still isn’t ready to …

Bloomberg Wells Fargo & Co will pay $575 million to settle state-level claims over sales practices, marking the latest cost in the fallout from a series of scandals that erupted at the bank more than two years ago. The settlement with 50 states and the District of Columbia announced resolves state investigations into Wells Fargo’s practices from 2002 to 2017. …

Bloomberg JPMorgan Chase & Co will pay $135 million to settle Securities and Exchange Commission allegations that it mishandled US securities that represent sha-res of foreign companies, the latest bank fined in an industry crackdown on the practice. The bank improperly provided what’s known as American depository receipts (ADR) to brokers when neither the brokers nor their clients held shares …