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Midweek Roundup: UK Officials Accused of Overlooking Illicit Transfers, New York Police Buy Equipment with HSBC Settlement Funds, and More
printU.K. regulators allegedly waved through $800 million of transfers from the London branch of JPMorgan Chase & Co. to a corrupt Nigerian official, according to an investigation by the Observer and Finance Uncovered. More The New York Police Department has been allocated $20 million of the $1.3 billion HSBC paid in 2012 to resolve anti-money laundering and sanctions-related violations, and will use some of the funds to purchase new equipment, The Wall Street Journal said. More EU lawmakers investigating files leaked from Panamanian law firm Mossack Fonseca alleged in a statement that the Luxembourg subsidiaries of French banks Societe Generale...
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