Standard Chartered Plc agreed to pay $340 million to New York’s bank regulator over transactions linked to Iran, in a speedily arranged deal that helped push up the emerging market-focused lender’s shares. The deal with New York Superintendent of Financial …
ING Groep NV has put its roughly $775 million stake in Thailand’s TMB Bank Pcl on the block as the bailed-out Dutch financial services group pushes ahead with Asian divestments, sources familiar with the matter told Reuters. ING, which is …
Federal bank regulators have sued 17 former directors and officers of the failed Silverton Bank, accusing them of gross negligence and corporate waste. The Federal Deposit Insurance Corp. has accused the Atlanta bank in the lawsuit filed Monday of slipshod …
A Florida woman says she’s having numerous financial troubles because of a bank error that caused Chase Bank USA to declare her dead last November. Wrenella Pierre has filed a lawsuit and Chase officials said Monday they’re investigating how the …
Lloyds, the UK’s state-backed bank, which has no affiliation with Lloyd’s of London, took a shock £3.2 billion ($5.3 billion) charge against its profits on Thursday to cover compensation for people sold insurance they would never be able to claim. …
An overseas roadshow by VTB to raise some $3.6 billion got off to a solid start on Monday, lining up Italy’s Assicurazioni Generali SpA as a key shareholder in Russia’s second-largest lender. Investors are closely watching the first step in …
