Tag: Department of Justice
Navigating the regulatory minefield: Record fines highlight 2023’s compliance challenges
In 2023, the global regulatory landscape unveiled a startling revelation as fines imposed by authorities exceeded a colossal $10.5bn. This figure not only reflects the stringent enforcement actions but also spotlights the emerging areas of regulatory scrutiny.
Four individuals charged for alleged $150m bank fraud scheme
Four individuals have been charged with conspiring to deceive banks and credit card companies to process over $150m in fraudulent payments.
The US Department of Justice steps in on Intuit’s $7.1bn acquisition...
The US Department of Justice has announced Credit Karma must divest its tax business to Square, if it wishes to complete its $7.1bn acquisition by Intuit.
DoJ files suit to block Visa’s acquisition of Plaid
Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.
Visa’s acquisition of Plaid could be in jeopardy due to antitrust...
Visa bought Plaid January in a $5.3bn deal, but now fears about it creating a monopoly situation could make regulators put a stop to the deal.
The US department of Justice bolsters Deutsche Bank money laundering investigation
The US Department of Justice (DoJ) has reportedly bolstered its investigation into Deutsche Bank’s involvement in last year’s Danske Bank money laundering scandal.
