Standard Chartered fined $1.1bn for money-laundering and sanctions breaches

Settlements with US and UK authorities force bank to take hit in first-quarter results The British bank Standard Chartered has been ordered to pay $1.1bn (£842m) by US and UK authorities to settle allegations of poor money-laundering controls and sanct…

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RBS faces shareholder rebellion over chief executive’s pension

Investor groups raise red flags over CEO receiving annual payments worth 35% of salaryA shareholder rebellion is brewing before Royal Bank of Scotland’s annual general meeting as investor groups raise red flags over a pay policy that involves the chief…

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Digital banking puts small lenders’ stability at risk, report finds

Sector could face run on deposits despite changes made in wake of Co-op Bank sagaDigital banking has put smaller lenders at risk of a run on their deposits that could spread across the financial system, despite changes meant to avoid further UK bailout…

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