STANDARD CHARTERED accused of conducting secret money laundering transactions with Iran. “Mr Lawsky has accused the bank, which employs nearly 90,000 people worldwide, of breaking money-laundering rules and processing $250bn of transactions on behalf of Iranian clients. The regulator has given the bank until next week to “demonstrate why [the bank’s] license to operate in […]

Tags: Benjamin Lawsky, Federal reserve, Iran, Money Laundering, New York State Department of Financial Services, standard chartered, terrorists
Posted in bubble, Corruption, Eviction, securities fraud |