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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| eBay Inc | NASDAQ:EBAY | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.56 | 1.09% | 51.90 | 51.09 | 51.99 | 52.19 | 51.20 | 51.30 | 4,985,632 | 01:00:00 |
From Apr 2019 to Apr 2024
By Rachel Louise Ensign
The U.S. Treasury Department's sanctions unit Wednesday announced a $7.7 million settlement with PayPal Inc. over multiple alleged sanctions violations by the company.
The eBay Inc. unit had inadequate processes for complying with U.S. sanctions and processed payments involving blacklisted individuals and countries including Iran, the Treasury Department said. Under the settlement, PayPal did not admit or deny the allegations.
PayPal has since improved its sanctions compliance program, the agency said. EBay plans to spin off PayPal as a separate publicly traded company.
Write to Rachel Louise Ensign at rachel.ensign@wsj.com
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