Sentence examples for to cover fines from inspiring English sources

The bank is setting aside $1.5 billion to cover fines that could flow from allegations that drug gangs laundered money through HSBC accounts.

The bank set aside $700 million to cover fines, settlements and other expenses related to the inquiry, and its chief of compliance resigned.

Britain's biggest bank disclosed the looming fine as part of $1.6bn of accounting charges to cover fines and redress for past bad behaviour.

Citigroup and J. P. Morgan Chase each set aside about $900 million to cover fines or potential liability from shareholder suits.

Britain's big four banks were forced to set aside £21.5bn to cover fines and customer redress in 2013, according to research published on Wednesday.

Volkswagen has said it has set aside 16.2 billion euros, or more than $18 billion, to cover fines and compensation to Volkswagen owners.

The Royal Bank of Scotland and Barclays have both recouped past pay from executives to help cover fines related to rate-rigging cases.

Another solution, Mr. Pritikin said, is to punish individuals with fines or jail time, though that is also complicated because companies have insurance to cover such fines and it is often difficult to single out one person responsible for a decision.

Deutsche Bank also has set aside money to cover potential fines.

The bank has set aside a total of $1.5 billion to cover potential fines stemming from the case.

The banks still have more than £12bn of unused provisions to cover future fines and compensation claims, the Bank of England said.