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Midweek Roundup: Crédit Agricole Sanctions Settlement Nears Finalization, South FL Police Accused of Laundering, and More
printCredit Agricole will set aside an additional $384 million for a potential U.S. settlement of sanctions violations, The New York Times reported, citing a regulatory disclosure. Negotiations are in a "very advanced stage" and "likely to lead to a global settlement in the autumn 2015," Credit Agricole said. More A U.S. Justice Department probe of suspected money laundering by Russian clients of Deutsche Bank involves billions of dollars in suspicious transactions, according to Reuters. New York regulators are also investigating the matter. More A South Florida undercover police unit, which was tasked with investigating money laundering by a drug cartel,...
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