Arab Bank fined in US
FINANCIAL CRIME
Arab Bank, with about $27 billion in assets, is based in Jordan but is the largest bank operating in the Palestinian territories, according to news reports. It has been sued several times on behalf of relatives of US citizens killed or injured in Middle East violence, who have accused the bank of helping move money to families of suicide bombers.
The Financial Crimes Enforcement Network and the Office of the Comptroller of the Currency assessed the $24 million civil money penalty against the New
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