New York state authorities have exposed a 10-year-long scam by one of the EU's oldest banks to launder money for Iranian clients.
Benjamin Lawsky, the superintendent of the New York State Department of Financial Services, outlined the allegations against Standard Chartered Bank (SCB), a British firm dating back to 1853, in a 26-page-long statement on Monday (6 August).
Citing internal memos from SCB's own management and l...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.