Midweek Roundup: Standard Chartered Faces Two U.K. AML Probes, Vatican Bank Cleanup Called into Question, and More

The U.K. Financial Conduct Authority has launched two investigations into violations of anti-money laundering (AML) rules by Standard Chartered, the bank's chief executive officer said, according to a report by the Financial Times. The probes are in addition to a U.S. investigation into potential sanctions violations. More UBS AG became the latest bank to disclose that it is working with authorities investigating FIFA, the Associated Press reported Tuesday. Credit Suisse and Julius Baer are also assisting prosecutors with locating bank accounts and other transactions related to the case. More German authorities raided the headquarters of the country's top football association...