Lloyds TSB says it will vigorously defend a money-laundering lawsuit brought by US prosecutors.
Lloyds and Bank of Cyprus face civil charges alleging they helped launder hundreds of millions of dollars from a securities fraud.
The US government is seeking penalties of at least $162m from Bank of Cyprus and $130m from Lloyds, which said the legal action was without basis
Thames Water is facing a fine of more than £12m for “inadequate” reporting and customer service.
Water watchdog Ofwat said it planned to fine Thames £11.1m for failing to provide “robust information”
British Airways has been fined about $550 (£270m) after it admitted collusion in fixing the prices of fuel surcharges.
The US Department of Justice has fined it $300m (£148m) for colluding on how much extra to charge on passenger and cargo flights, to cover fuel costs.
It followed a decision by the UK’s Office of Fair Trading to fine BA $250m (£121
The US Occupational Safety and Health Administration (OSHA) has said it will fine BP $92,000 (£44,700) for breaches after a fatal blast in Texas in 2005.
The explosion and fire at BP’s Texas City refinery killed 15 people and injured 180 staff.
The citations, including one for a violation OSHA said may have led to another major accident, come from its post-blast monitoring of the plant
Some HSBC customers in a Dorset village will no longer be able to see their bank manager as the branch turns into one of the most exclusive in England.
At its Canford Cliffs branch, the self-titled “world’s local bank” will only allow face-to-face banking for its “premier” customers.
The move, which starts in June, means Canford Cliffs will be the country’s only exclusively “premier” HSBC branch
British oil giant BP has been heavily criticised by US safety investigators over a refinery disaster that killed 15 workers in 2005.
According to the draft report from the US Chemical Safety Board, the blast was the result of lax safety culture at BP.
The report also said that the agency in charge of spotting safety problems had failed to see warning signs
Secret emails reveal that the UK’s biggest drug company distorted trial results of an anti-depressant, covering up a link with suicide in teenagers.
Panorama reveals that GlaxoSmithKline (GSK) attempted to show that Seroxat worked for depressed children despite failed clinical trials.
And that GSK-employed ghostwriters influenced ‘independent’ academics
Mobile phone giant Vodafone has been fined 76m euros ($100m; £51m) by a Greek privacy watchdog.
The Greek agency responsible for privacy said Vodafone had failed to protect its network from hackers who monitored 106 mobile accounts.
The accounts targeted included those of Greek Prime Minister Costas Karamanlis as well as senior military officers and journalists
British Gas is not only the UK’s most expensive energy provider, it also provides the worst customer service – according to research from Energywatch.
The consumer watchdog said complaints about British Gas in the six months to September were twice last year’s total, while complaints about its rivals fell.
The top problems were inaccurate bills and the lack of response to enquiries
Accountancy regulators are set to investigate troubled software firm iSoft and its auditors.
The Accountancy Investigation and Disciplinary Board (AIDB) is set to investigate iSoft’s directors and its former auditor, RSM Robson Rhodes.
In August, the board said it had uncovered evidence of irregularities affecting its 2004 and 2005 accounts