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U.S. watchdog may fine Habib Bank, Pakistan's biggest lender, up to $630 million
The New York State Department of Financial Services said it is seeking to fine Habib Bank Ltd, Pakistan’s biggest lender, up to $630 million for “grave” compliance failures relating to anti-money laundering rules and sanctions at its only U.S. branch. If imposed, the penalty on Habib Bank would be the…
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Click here to read the full story: Reuters