Posts Comments Photos

Lifestyle
Richard Meddings Uncut
By: Mike   |    August 9, 2012   |   1 Comments (0) (0)

Bloomberg

Remarking on a situation where Standard Chartered allegedly hid $250 billion of Iran-tied transactions, Richard Medding apparently should have held his tongue rather than let this slip.

 

Standard Chartered Plc's Group Finance Director Richard Meddings cursed Americans in a conversation cited by a New York watchdog pursuing a money laundering case against the British bank, people familiar with the situation said on Wednesday.

However, Standard Chartered executive Ray Ferguson who attended the 2006 meeting in question, said Meddings' remark - rendered by the regulator as "You f---ing Americans" - was not followed by the complaint about U.S. financial sanctions on Iran which was alleged by the New York state banking regulator. Continue Reading

Write a Story/Review about Finances

Post a Comment

 
1 Comments on this Article

Alex Baker commented on August 9, 2012

Well done Richard Meddings,

Reply    Report this Comment

Share This

Related JustLuxe Articles:

Sign-In: Connect. Converse. Influence.

BEST OF LUXURY

Finding the best in luxury can be a daunting task, which is why we've taken it on for you.

Most Recent

Contributors

Members

BADGES The more active you are, the more rewards you earn!