Standard Chartered to Pay $327M in Laundering Case

Dec. 10 (Bloomberg) -- Erik Schatzker reports that Standard Chartered will pay $327 million to resolve an investigation into money laundering. He speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)

Reserve Bank of Australia Announces New Governor
00:36 - Philip Lowe will replace Glenn Stevens as governor of the Reserve Bank of Australia for a seven-year term on Sept. 18, Treasurer Scott Morrison said in a statement. “Dr. Lowe brings a wealth of knowledge and experience to the role of governor, having served as the RBA deputy governor since early 2012,” Morrison said. He is “well regarded in the central banking community, financial markets, and the Australian business community, and will reinforce existing confidence in the institution.” Bloomberg's Dan Petrie reports and Plurimi Wealth Managing Partner Patrick Armstrong discusses with "On the Move" host Guy Johnson. (Source: Bloomberg)
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