Midweek Roundup: U.K. Parliament Committee Recommends Jail Time for Senior Bankers, British Court Drops Sanctions on Iranian Bank, and More

A controversial U.S. surveillance program contributed to the arrest of Kansas City man who planned to bomb the New York Stock Exchange but was later convicted of bank fraud, money laundering and providing material support to al-Qaida, Reuters reported. Intelligence gathered under the program also led to the conviction of four men-two of whom ran a money services business-for providing funds to a blacklisted Somali militant group. More A British parliamentary committee recommended that senior bankers should be held more accountable for bank's violations of anti-money laundering and rate-rigging rules, the Associated Press said. The committee recommended prison sentences for...