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Midweek Roundup: US Judge Halts Release of HSBC Report, Wells Fargo Close to Settling Phony Accounts Lawsuit, and More
printA U.S. federal appeals court reversed a lower-court decision to publicly release an assessment by HSBC's independent monitor of the global lender's progress in improving anti-money laundering, or AML, controls in line with its 2012 deferred prosecution agreement, Reuters reported. More Wells Fargo & Co said a California court has preliminarily approved its $142 million settlement with customers who claimed their credit scores were harmed over the past 15 years by bank employees opening fake accounts in their names, Reuters reported. More The White House delayed by three months its decision on whether or not to remove some sanctions against...
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