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Midweek Roundup: Trump Evaded New York State Taxes, Standard Chartered Faces $1.5 Billion Penalty for Sanctions Violations, and More

U.S. President Donald Trump received hundreds of millions of dollars from his father's real estate empire through the 1990s by engaging with his siblings and parents in a series of tax dodging schemes involving shell companies and sometimes rising to "outright fraud," The New York Times reported. More A spokesperson for the New York State Department of Taxation and Finance told CNBC via email that the agency is investigating the allegations against the president and his family. More Preliminary discussions between U.S. authorities and Standard Chartered Bank may result in a $1.5 billion fine assessed before the end of the...

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