Habib Bank fined $630m for AML breaches

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Habib Bank fined $630m for AML breaches

US dollar_decision_230px_Fotolia

The US has slapped Habib Bank (HBL) with one of the biggest fines on an Asian financial institution in recent years. Pakistan's largest bank is the latest lender to be penalised for flouting anti-money laundering rules but said it would contest the fine.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article