Standard Chartered Bank, the famous British multinational banking giant, has been slapped with a $300 million fine by the New York Department of Financial Services (DFS) as the bank failed to fix transactions that could lead to potential money laundering problems.
A major corruption investigation involving the finances of Brazil's state-owned oil company Petrobas has engulfed a number of the country's largest financial institutions in addition to some major international banks.
09 Aug '24 16:35PM
