Aug. 15 - Standard Chartered's hasty $340 mln settlement of money-laundering allegations is no surprise, and as U.S. regulators take an increasingly tough stance, more high-profile cases are sure to follow.
Standard shots -- hastily arranged deal with New York regulators comes as little surprise. The bank is paying 314. Million dollars to settle allegations about money laundering transactions linked to -- Rather than -- that disaster of losing its New York banking license. Regularly to hop -- standard chartered out broke institution. To strong words. He handled a something even stronger ones. This is expulsion by America not law enforcement. Source says David Fleming and he's one of the so called Natwest bought and -- three. That moment of justice in America is blown down that'd 400 pound gorilla the way to go about their business tends to be tired arms and legs going to back this -- ultimately. It's an easy application to me that I think evidence to back to tell you just saying this because you yourself. The system is threatening somebody with extinction is a company. Unless you want to very large check and socialist necessarily a great way to go about business and what it doesn't it is -- -- transparency. Of course it's not just standard shots of which has fallen foe of US regulators. Other high profile Casey's -- Buckley's find 450 million dollars over Libor fixing. GlaxoSmithKline. It for three billion and the biggest health care fraud in US history. And BP which if it's lucky will only have to cough up some twenty billion dollars over the gulf of -- school oil spill. After a -- so -- -- court battle winked at Enron the Natwest three -- jail time and with the US and the UK. And doesn't Wall Street's watchdogs adopt an increasingly aggressive stance more high profile cases are sure to follow. Jamie we gave -- -- Reuters.