Weekly Roundup: JPMorgan Sued for Sanctions Lapses, Credit Suisse Says It Will Turn Over Client Names, and More

A former Citibank relationship manager at the institution's Indonesia unit allegedly stole more than $5 million from clients between January 2007 and February of this year, according to prosecutors cited by Bloomberg Tuesday. Indonesia's central bank barred Citibank in May from opening new branches and adding new wealth management clients for a year in response to the allegations. The bank also prohibited the institution from using third-party debt collectors for two years, the news agency said. Inong Malinda Dee, the accused ex-employee, purportedly forged customer signatures and had clients sign blank transfer forms. More Louisiana's Municipal Police Employees Retirement System...