JPMorgan (JPM.N), UBS (UBSN.VX) and Credit Suisse (CSGN.VX) were fined a total of 94 million euros ($120 million) by the European Commission for taking part in cartels in the financial sector.
Following the massive cyber attack on the biggest U.S. bank JPMorgan Chase & Co (JPM.N) disclosed in August, and other financial institutions, government authorities in United States are pushing financial institutions and brokerage houses to close glaring gaps in cybersecurity.
The problems for Japanese auto parts maker Takata Corp (7312.T) grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States while two more lawsuits have been filed over accidents in older Honda cars.
Allergan Inc said on Tuesday it saw no evidence to support claims by hostile suitors Valeant Pharmaceuticals and hedge fund Pershing Square Capital Management that its chief executive officer had spearheaded a campaign to spread misinformation.
