‘Pakistan’s Habib Bank to pay $225-mn New York fine for compliance failures’
Posted on:08 Sep 2017 12:26:48
Free Current Affairs to Your Email
08 September 2017 Current Affairs: The New York Department of Financial Services (DFS) announced a fine of USD 225 million on Pakistan's Habib Bank Limited (HBL) and its New York branch for failure to comply with New York laws and regulations designed illicit financial transactions.
Earlier, the bank facing a possible $630 million fine over compliance failures by its New York branch.
The bank also announced that it would close its branch in New York after the United States financial regulator imposed a penalty of nearly USD 630 million.
FreshersLive - No.1 Job site in India. Here you can find latest 2017 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.