World

Standard Chartered Fought the Lawsky and the Lawsky Won

Aug. 17 (Bloomberg) -- Benjamin Lawsky, New York’s top state banking regulator, shook up the financial world by squeezing a record settlement out of Standard Chartered Plc over allegations that it laundered money for Iran. Let’s get this much straight about him, too: He’s no rogue cop. He’s a loyal soldier.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.