DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister …
Read More »Intesa Sanpaulo fined $235mn for laundering violations
New York / AFP New York’s state bank regulator fined Italian bank Intesa Sanpaolo $235 million for “sweeping violations” anti-money laundering laws and deliberately concealing information from bank examiners. The big Italian bank failed to flag questionable transactions and deviated from policies designed to root out wrongdoing, which “seriously (compromised) the security of the international financial system,” said Maria …
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