StanChart Likely to Be Fined, Not Exit U.S.

Aug. 7 (Bloomberg) -- Ralph Silva, director of Silva Research Network, talks about money-laundering charges against Standard Chartered Plc. New York's Department of Financial Services accused the London-based bank of conducting $250 billion of transactions with Iranian banks over seven years in violation of federal laws. Silva speaks with Linzie Janis on Bloomberg Television's "On the Move." (Source: Bloomberg)

Is Refugee Help Key to Turkey’s Future with the EU?
35:28 - European Union leaders and Turkey agreed on measures to help stem the refugee crisis and counter terrorism, aided by an EU pledge to relaunch Turkey’s membership bid and a package of 3 billion euros ($3.2 billion) in assistance for refugees. In return for Turkey bolstering its border controls, Europe is dangling rewards that could bring the nation closer to the EU than it’s been for almost a decade.
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