US: RBS paying $100M to settle sanction claims - Israel News, Ynetnews

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US: RBS paying $100M to settle sanction claims

Published: 12.12.13, 01:04 / Israel News

Royal Bank of Scotland has agreed to pay $100 million to settle claims by US and New York state regulators that it violated US sanctions against Iran and other countries.


The Treasury Department, the Federal Reserve and the office of New York Governor Andrew Cuomo announced the settlement Wednesday with the bank, which is 80% owned by the British government. (AP)


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