Weekly Roundup: Julius Baer Settles US Money Laundering Case, New Zealand Sues TSB Bank, and More

Swiss private lender Julius Baer agreed to pay more than $79 million to U.S. authorities after allegedly handling tens of millions of dollars in bribes that global broadcasters paid world soccer officials to secure rights for high-profile matches, ACAMS reported. More New Zealand's central bank accused TSB Bank in a civil lawsuit of failing to remediate weaknesses in its anti-money laundering program as required by an enforcement action issued in 2019, News Hub reported. More Swiss supervisors issued an enforcement action against a former manager with PKB Privatbank for his involvement in a corruption and money laundering scandal involving...