World Business Briefing: France: Axa Unit Fined in U.S.
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AXA Advisors, the United States brokerage unit of AXA of France, agreed to pay a $1.2 million fine and reimburse 1,800 clients after offering them fee-based accounts that did not fit their needs.
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The  world's largest insurance group pays $126m in fines as part of a settlement with US regulators over its dealings with two firms.
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The NASD on Monday said it fined  Citigroup Global Markets Inc. $250,000 for distributing  inappropriate hedge fund sales literature, in the regulator's  largest fine involving hedge fund sales by broker-dealers.
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The NASD on Monday said it fined Citigroup Global Markets Inc. &#36;250,000 for distributing inappropriate hedge fund sales literature, in the regulator's largest fine involving hedge fund sales by broker-dealers.
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A French shareholder association said on  Monday it had filed a class-action lawsuit over the recent  share collapse of EADS . The suit was filed in the  Netherlands, where the Airbus parent group is registered.
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French regulators fined Vivendi Universal  EAUG.PA and its former CEO Jean-Marie Messier one million  euros each on Tuesday for allegedly misleading investors about  the media group's finances during its ill-fated expansion.
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American Express Co (NYSE: AXP) said this morning that it has filed a law suit in the US District Court in Manhattan against Visa, Mastercard and eight major
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The shedding of AOL's international operations continued Thursday as Time Warner announced it had sold its AOL France division to Internet service provider Neuf Cegetel in a 288 million euros. Talks to sell AOL UK are continuing.
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German chipmaker Infineon (IFXGn.DE: Quote , Profile , Research ) sees no need for further anti-trust provisions in the immediate future after it pays a $160-million fine for price fixing and compensates ...
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France Telecom has been sued for $5.74bn (4.26bn euros; 2.99bn) in damages by its former German partner.
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Vivendi Universal and its former chief Jean-Marie Messier have each been fined 1 million euros (&#36;1.35 million) for misleading financial information issued by the company when Messier was in charge, Messier's lawyer said Tuesday.
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AXA Asia Pacific Holdings yesterday delivered a $3.4 billion &quot;non&quot; to its French parent&#39;s bid to take over the remaining 48 per cent share, sending the share price into a nosedive and provoking
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European Union regulators fined German company William Prym GmbH&amp;Co. KG and Britain's Coats Holdings Ltd a total of 60 million euros (&#36;76.8 million) on Tuesday for running a cartel in the market for needles.
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US multinational fined for laissez-faire approach The French data protection authority has fined a subsidiary of US firm Tyco Healthcare over the transfer of employee information across borders and inadequate data safeguards. Tyco Healthcare France was fined â¬30,000.â¦
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Jean-Marie Messier, the disgraced former chief executive at media giant Vivendi Universal, was fined $1.35 million yesterday for misleading investors.
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SYDNEY Shares of AXA Asia Pacific Holdings slumped Monday after the European insurer AXA withdrew a 3.4 billion Australian dollar, or $2.
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Two new investigations Siemens has revealed that it is under investigation by the US Department of Justice over allegations that it paid out some â¬420m in bribes to help it secure telecoms contracts outside of Germany.â¦