StanChart: 'We Are Not Backing Down.' Lawsky: 'Then I...

08/16/12

Receiving Wide Coverage ... StanChart Redux: This morning's editions of the Journal and the FT offer behind-the-scenes accounts of the Standard Chartered saga from different perspectives. The Journal describes how New York regulator Benjamin Lawsky blindsided his counterparts in Washington and London by forging ahead with money-laundering charges against the U.K. bank while the other agencies were still investigating. The FT's story focuses on StanChart's response - the bank considered suing Lawsky for reputational damage, the...

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