Midweek Roundup: U.S. Veterans Sue Global Banks, Standard Chartered to Close Branches, and More

Over 200 U.S. veterans and their families are suing HSBC, Barclays, Standard Chartered, Royal Bank of Scotland, Credit Suisse and Bank Saderat for helping Iran funnel billions of dollars that may have been used in part to fund proxy attacks on American soldiers in Iraq, The Wall Street Journal reported Monday. More Standard Chartered plans to close as many as 100 of its branches next year in Asia, Africa and the Middle East after reporting a third-quarter earnings drop of 16 percent from last year's levels, the BBC reported Wednesday, citing statements from bank officials. More The New York-branch of...