Navient banned from federal student loan servicing, fined $120M

The government's top consumer watchdog has banned Navient from servicing federal student loans and ordered the company to pay $120 million for allegedly defaulting on loans. The settlement announced Thursday comes nearly eight years after the Consumer Financial Protection Bureau (CFPB) sued Navient, a former division of Sallie Mae, in 2017. The CFPB accused the […]
Laurence Fox Fined £180,000 for Calling Two Individuals 'Paedophiles' on Social Media #laurencefox

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Giants’ Adoree’ Jackson rips official for pass interference call: ‘Needs to be fined’

No eye contact, no illegal touching. Giants cornerback Adoree Jackson was penalized Sunday for a controversial 36-yard pass interference foul that negated a blocked third down and turned the tide for the Vikings to score a go-ahead touchdown and win the game 28-6. Was it an incorrect call — offensive pass interference against receiver Jordan […]
Wall Street firms fined $390M in over text, WhatsApp messages

The SEC watchdog on Thursday levied $390 million in fines on 26 Wall Street investment firms as part of its latest crackdown on misuse of text and WhatsApp messaging. The fined firms included Ameriprise Financial, Edward Jones, LPL Financial and Raymond James, which each agreed to pay $50 million to settle the allegations. BNY’s Pershing […]
Graeme McDowell suspended, fined by LIV Golf for anti-doping violation

Former U.S. Open champion Graeme McDowell was suspended for one tournament and fined $125,000 by the Saudi Arabia-backed golf association LIV Golf on Sunday for violating the association’s anti-doping rules. According to LIV Golf, McDowell’s violation occurred at the league’s Nashville tournament in June, when the Northern Ireland native took a decongestant that contained a […]
American Haley Batten fined after silver medal finish in mountain biking event at Paris Olympics

Haley Batten made American Olympic history on Sunday by winning the silver medal in the women’s cross country mountain bike event. It was the best Olympic result by an American mountain biker in the history of the sport. But when she left France Lightweight wallet. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM Haley Batten […]
Citigroup has now been fined more than half a billion dollars after CEO Jane Fraser staked her tenure on fixing the bank – Fortune

Two government regulators on Wednesday fined Citigroup Inc. $135.6 million for failing to resolve long-running internal control and risk problems, a blow to the bank’s Chief Executive Officer, Jane Fraser, who has staked her career on making the bank leaner and less complex. The penalties were imposed by the Federal Reserve and the Office of […]
Fifth Third Bank fined $20 million for opening fake accounts, forcing people into vehicle insurance – AOL

Fifth Third Bank has been fined $20 million for opening unauthorized accounts in customers’ names and forcing borrowers who already had auto insurance to sign up for the programs, the Consumer Financial Protection Bureau announced Tuesday. The bank must pay penalties in addition to compensation to 35,000 affected consumers, 1,000 of whom have had their […]
Tour de France cyclist fined for stopping to kiss wife

French cyclist Julien Bernard has been fined for “inappropriate behaviour” during the famous Tour de France after he stopped briefly to kiss his wife and baby. The incredible moment happened just 15 minutes into the seventh stage of the famous race. As the course passed through Bernard’s home region of Burgundy, he was greeted by […]
French cyclist Julien Bernard fined for kissing wife, son during Tour de France

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