New York regulators have reached agreement for Standard Chartered Bank to pay a $300 million penalty and suspend dollar exchanges through its New York branch for high-risk retail business clients at its SCB Hong Kong subsidiary.
MiamiHerald.com: Business, Miami Herald: Business
Tue, 08/19/2014 - 10:12am
New York regulators have reached agreement for Standard Chartered Bank to pay a $300 million penalty and suspend dollar exchanges through its New York branch for high-risk retail business clients at its SCB Hong Kong subsidiary.