Morning Scan: British Banks Search for FIFA Fouls; Will Citi Close B...

Receiving Wide Coverage ...

Banks Hunt for FIFA Liability: As banks in the U.S. and U.K. face scrutiny over whether they should have flagged transactions tied to the FIFA bribery scandal, some of Britain's largest financial institutions are looking to get ahead of the ball. The Wall Street Journal reports Barclays and HSBC are conducting internal reviews of the payments allegedly used to transfer $150 billion in bribes and kickbacks to soccer officials. The BBC has...