Global Investigations Review - The law and practice of international investigations

DFS sees off Habib Bank with a US$225m fine

By Michael Griffiths

08 September 2017

DFS sees off Habib Bank with a US$225m fine Habib Bank's London branch tupungato via iStockPhoto

Pakistan's largest bank has received a US$225 million fine from the New York Department of Financial Services for compliance failures, after the bank agreed to surrender its licence to operate in the state.