Monthly Top 5 ORX News Losses – December 2018
- 11 January 2019
1. JPMorgan Chase & Co. – $135.2m
JPMorgan pays USD 135.2 million to settle SEC allegations it mishandled pre-released ADRs.
2. Fortuna Bank – $79.8m
Fortuna Bank loses UAH 2.24 billion through insider loan scheme.
3. La Poste – $56.9m
La Banque Postale fined EUR 50 million by ACPR for serious failures in CTF programme.
4. Bank of New York Mellon – $54.2m
BNY Mellon pays USD 54.2 million to settle SEC allegations it mishandled pre-released ADRs.
5. Santander Group – $41.5m
Santander fined GBP 32.8 million by FCA for probate and bereavement process failings.
The operational risk year to date
Summary of distribution, frequency and severity of ORX News event digests.