U.S. Banks Face Fresh Scrutiny Over Alleged ‘Debanking’ Practices
Major U.S. lenders are preparing for heightened regulatory scrutiny as the Office of the Comptroller of the Currency (OCC) nears completion of a review into allegations that banks improperly closed or denied customer accounts...
U.S. Drops Criminal Case Against Turkey’s Halkbank
The U.S. Department of Justice has formally requested a federal judge to dismiss its long-running criminal case against Turkey’s state-owned lender, Halkbank, signaling the end of a major legal dispute that had strained relations...