In Mammon Among Friends, Malcolm C. Harris, Sr. provides commentary and news about the national economy, the Wichita economy, the world of finance, and utility & postal economics. Experiences such as a utility commission staff manager, forecasting postal volumes and revenues, consulting on utility regulation, and teaching corporate finance have shaped his analysis.
Saturday, August 11, 2012
Peter Sands, Standard Chartered Speaks to the FT About New York's Money Laundering Charges
Aug 8 2012 New York state’s financial watchdog has accused Standard Chartered of hiding $250bn of transactions linked to Iran. Peter Sands, the bank's chief executive, tells the FT’s banking editor Patrick Jenkins that he rejects the portrayal of the facts set out by the regulator. But he does accept there has been damage to the bank’s reputation. (6m 6sec)
http://video.ft.com/v/1777018274001/Sands-StanChart-s-reputation-damaged