Standard Chartered agreed to pay $340 million to settle charges from New York financial regulators that the British bank had conspired with Iran's government to launder billions of dollars in violation of U.S. sanctions on Tehran. The bank denied the specific charges, but the settlement includes two years of government monitoring of Standard's New York branches and a permanent internal auditor for its overseas transactions.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- After Ferguson: Stop deferring to the cops
- How to adopt the perfect rescue dog
- 43 TV shows to watch in 2014
- Why the poor can't catch a break on Thanksgiving
- Ferguson riots were terrible — but this racist reaction was worse
- The hilarious hypocrisy of Republicans complaining about the imperial presidency
- 10 things you need to know today: November 27, 2014
- How to stop Black Thursday — and still score that big screen
- Obama just kneecapped Jeb Bush and Chris Christie's 2016 prospects
- How to be the most productive person in your office — and still get home by 5:30 p.m.
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