WSJ.com: Europe Home: Coutts Hit With Laundering Fine

WSJ.com: Europe Home
Europe Home
Coutts Hit With Laundering Fine
Mar 26th 2012, 12:20

Coutts, the exclusive private bank of Royal Bank of Scotland, was fined £8.75 million by the U.K.'s Financial Services Authority for failing to implement adequate antimoney-laundering controls, the largest fine ever levied by the agency for financial crimes.

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