Comments on: StanChart joins banking march into mire http://blogs.reuters.com/breakingviews/2012/08/06/stanchart-joins-banking-march-into-mire/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: MilesCole77 http://blogs.reuters.com/breakingviews/2012/08/06/stanchart-joins-banking-march-into-mire/comment-page-1/#comment-10520 Wed, 08 Aug 2012 12:54:33 +0000 http://blogs.reuters.com/breakingviews/?p=13366#comment-10520 This case is totally unremarkable. Try reading the half dozen news stories and facts about other European Bank cases where they were settled and doing the same historical conduct (ING, Lloyds, Credit Suisse, ABN, Barclays). The only thing that is remarkable here is that the New York State jumped first to the microphone to make it appear as if there is a “New Sheriff in Town” and the press are eating it up. The best part is it appears that they have charged mostly transactions that would have complied with US Treasury Department regulations! Pesky details.

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By: politicaljunkie http://blogs.reuters.com/breakingviews/2012/08/06/stanchart-joins-banking-march-into-mire/comment-page-1/#comment-10514 Tue, 07 Aug 2012 02:06:30 +0000 http://blogs.reuters.com/breakingviews/?p=13366#comment-10514 one of StanChart’s group executive directors, when warned by a colleague of potential criminal liability, responded: “You f—ing Americans. Who are you to tell us, the rest of the world, that we’re not going to deal with Iranians.”
Wish more voices make their voices heard, or maybe this is just the start!

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