Standard Chartered Settles with NY For $340 Million

Standard Chartered Plc, having settled a New York money laundering probe for $340 million the day before it was to defend its right to operate in the state, still faces federal inquiries over claims it helped sanctioned nations including Iran illegally funnel money through the U.S.
Will the ECB QE Actually Work?
16:15 - Bloomberg’s Lisa Abramowicz and Carl Riccadona discuss ECB President Mario Draghi’s version of quantitative easing. They speak with Bloomberg’s Alix Steel on “Street Smart.” (Source: Bloomberg)
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