The U.S. unit of South Korea’s Shinhan Bank has agreed to pay $25 million to settle investigations by U.S. regulators into alleged compliance problems. Shinhan Bank America, a New York-based subsidiary of one of South Korea’s most important financial groups, entered into settlements with the U.S. Treasury Department’s Financial Crimes ...
See Details: Shinhan Bank's U.S. Unit to Pay $25 Million Over Alleged Compliance Faults