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Thomas Easton

Thomas Easton appears in the following:

Backstory: What Happened at Standard Chartered

Thursday, August 16, 2012

Earlier this week, the British bank Standard Chartered announced that it would pay $340 million in civil penalties to a New York State regulator to end an inquiry into whether the bank had processed $250 billion in transactions with Iran. On today’s Backstory, Thomas Easton, New York Finance and Economics Correspondent for the Economist, explains what happened at Standard Chartered, why other agencies are now investigating what happened, and what this and recent incidents tell us about bank regulation today.

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