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Weekly Roundup: Credit Suisse Pays D.A. $268 Million, FDIC Announces Two BSA Enforcement Actions, and More
printThe Credit Suisse saga isn't over yet, at least not for Manhattan District Attorney Robert Morgenthau. His office announced Wednesday that the bank handed over $268 million to his office. Half of the sum will be turned over to the city of New York and the rest to New York State. More On December 16, Credit Suisse AG entered into two deferred prosecution agreements: one with the U.S. government and the other with Morgenthau. The bank violated economic sanctions involving Iran and other countries and was ordered to pay $536 million to settle the matter - half to the Justice...
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