The Royal Bank of Scotland's fine for incorrectly reporting transactions was reduced by 30 percent after the bank reached a settlement with the Financial Conduct Authority.
"The size of the fine reflects the serious nature of the issue," the FCA said after fining the bank £5,620,300.
"RBS agreed to settle at an early stage of the investigation."
More top news
Paul Gallihawk went missing whilst competing in the swimming leg of a triathlon to raise money for charity.
The Kremlin has released pictures of Russian President Vladimir Putin working out at the gym with Prime Minister Dmitrty Medvedev in Sochi.
Cloudy skies for many this Bank Holiday Sunday.