SBBB Bank USA / Lloyds Banking Group / Wells Fargo & Co. / SBBB / Royal Bank of Scotland Group PLC / Barclays PLC / Wachovia Bank / Credit Suisse Group / Bombay Bank / Singapore Bank / Palm Beach / /
Country
Mexico / United States / Canada / Columbia / Singapore / India / /
Currency
USD / /
Event
M&A / /
IndustryTerm
terrorism finance / bank managers / private bank / bank / bank branches / bank employees / /
Organization
Comptroller of the Currency / US government / Department of Justice / Government Accounting Office / US Federal Reserve / office of Foreign Assets Control / Drug Enforcement Administration / US Senate Permanent Subcommittee on Investigations / /
Person
James L. Horton / /
Position
prosecutor / physician / consultant / Manhattan district attorney / Federal prosecutor / CEO / compliance officer / present compliance officer / /
Money Laundering James L. Horton SBBB bank had a chronic problem. For 10 years, US regulatory authorities had hammered the bank over its controls for detecting and reporting money laundering. The bank had recruited top-f