Weekly Roundup: U.S.-Swiss FATCA Deal Inches Forward, Isle of Man Agrees to Share Tax Data with U.K., and More

Standard Chartered Bank and HSBC Holdings Plc are expected to pay more than $2 billion to settle U.S. allegations of money laundering and sanctions violations, the Washington Post pointed out Thursday. More Standard Chartered's potential $330 million settlement could be finalized as early as Monday, sources told ACAMS More On Wednesday, Reuters said that HSBC could pay the United States as much as $1.8 billion More, the latest uptick in a series of settlement estimates by officials and the bank itself. More and More A free trade pact signed by the European Union, Colombia and Peru could spur money...