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The Financial Conduct Authority (FCA) has proposed to extend the deadline for lenders to handle complaints surrounding motor finance agreements involving non-discretionary commission arrangements. Under the proposals, affected firms will have to either May 31, 2025, or December 4, 2025, to provide final responses to motor finance complaints.
Britain's Financial Conduct Authority (FCA) has fined Metro Bank 16 million pounds ($20.51 million), for failings in its anti-money laundering controls between June 2016 and December 2020.
AUBURN HILLS, Mich., Oct. 2, 2024 /PRNewswire/ -- Third-quarter 2024 total U.S. sales decreased 20% year over year Company's total share grows in consecutive months during Q3, from 7.2% in July to 8% in September During the company's third quarter, inventory was reduced by 50K units (-11.6%) Incentive offerings to continue through the end of the year across the U.S. brand portfolio, including Chrysler, Dodge, FIAT, Jeep® and Ram Jeep Wrangler 4xe, Jeep Grand Cherokee 4xe, Dodge Hornet R/T and Chrysler Pacifica Hybrid take four of top-five spots for best-selling hybrids in the U.S. (source: S&P Global Mobility U.S. State Registrations database through July 31, 2024) FCA US LLC reports total sales of 305,294 vehicles in the third quarter of 2024.
Coinbase has been fined $4.5 million by a U.K. regulator for serving “high-risk” customers. The fine, announced Thursday (July 25) by the Financial Conduct Authority (FCA), was levied against a subsidiary of the cryptocurrency exchange, CB Payments Limited (CBPL), which the FCA says repeatedly violated a requirement preventing the company from doing business with high-risk clients.
An entity controlled by Nasdaq-listed cryptocurrency trading platform Coinbase Global Inc (NASDAQ:COIN) has been slapped with a £3.5 million fine from the UK Financial Conduct Authority for failing to prevent high-risk customers from using its platform. The FCA determined that CB Payments Limited (CBPL), which is a part of Coinbase, repeatedly breached a voluntary requirement that it entered into with the FCA in October 2020.
AUBURN HILLS, Mich., July 2, 2024 /PRNewswire/ -- Stellantis posted 4% quarter-over-quarter growth with a Q2 2024 total U.S. sales decrease 21% year over year Jeep® Wagoneer and Grand Wagoneer total sales increased 107% and 24% year over year, respectively Jeep brand saw retail sales of the Wrangler, Grand Cherokee and Compass increase 24%, 12% and 15%, respectively, Q2 over Q1 2024 Ram brand saw growth of 11% in total sales Q2 over Q1 2024 Ram commercial fleet sales increased 47% Q2 over Q1 2024 Dodge brand total sales increased 16% Q2 over Q1; Charger, Challenger and Durango up 52%, 18% and 18%, respectively, for the same time period Chrysler brand sales grew 14% in total sales Q2 over Q1 2024 Alfa Romeo saw growth of 9% in total sales increase Q2 over Q1 2024 FIAT brand launched the all-new, all-electric Fiat 500e in Q2 Stellantis took four of five top-selling plug-in hybrid spots in U.S. with the Jeep Wrangler 4xe (No.
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