Lawmakers questioned the British-based bank over these accusations and more, demanding to know how and why its affiliates in India and elsewhere exposed the bank to black market cash.
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The question for the U.S. financial industry and the legal profession which is charged with watching over its every move as a fiduciary is whether U.S. financiers will take the black box to the bank or send it back from whence it came.
That was something of a black eye for the bank when compared with rivals, as the likes of JPMorgan Chase and Wells Fargo won approval to return more capital to shareholders and Bank of America knew better than to even ask until 2013.
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Mr Kendall, Brecon and Radnorshire AM Kirsty Williams, county councillor Garry Banks and chamber of commerce chair Rosamund Black met officials from the bank recently.
From that point until June last year, Monte dei Paschi put together a restructuring plan aiming at bringing the bank back into the black by 2015.
Soros may have broken the Bank of England on Black Wednesday 1992, making billions by forcing sterling out of the EMU, but that was a long time ago.
But Vatican insiders aren't the only prospective pontiffs punters can wager on in the hopes that a puff of white smoke will finally put their bank accounts into the black.
Suffering visibly from a coronary ailment, he withdraws cash from a vault in a Swiss bank to pay for a black-market heart transplant.
Deutsche Bank conducted a study over Black Friday that pointed to robust demand for all three items, and Piper Jaffray said Apple stores sold 68% more iPads per hour compared with the same period last year.
First thing in the morning a runner would bring a huge black case with wheels on it to the bank.
One of the black marks against him is a sentence for bank fraud in Jordan, handed down to him in his absence a charge he says was trumped up.
With hyperinflation, a gap of around 10:1 has opened up between the official exchange rate operated by the bank and the true rate reflected in the black market.
For an hour, over black tea and almonds, he chatted amiably about his entanglement with Kabul Bank.
It bothers blacks in Jasper that the bank-tellers are almost all white, and that they rarely see a black waitress in the more expensive local restaurants.
They had been told, when the bank bailout was first announced, that there would be no "men in black", no troika imposing a tough reform programme on them.
Under the gaze of television cameras, Yoshizawa Yasuyuki, the 42-year-old head of the Bank of Japan's capital-markets division, was driven away in a black sedan.
David Black, a banking analyst at financial research group Defaqto, says that customers do not switch bank accounts like utility providers because "it is basically more of an effort".
When Rupert Murdoch dished the grasping print unions in the same year, Lord Black was able to follow in his slipstream, turning the loss-making Telegraph into a piggy bank both for his other businesses and for himself.
It has not helped that China has jealously guarded its political prerogative to deal with its own black sheep: foreign regulators were denied access to the bosses of Shanghai Land, Euro-Asia and Bank of China's Hong Kong subsidiary, even though these companies had foreign investors.
ECONOMIST: A reminder of the risks of investing in Chinese companies
Black uses an example from the Times article, describing how Drew advised a credit trader with an investment in bank-preferred securities that began to lose money in 2009.
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David Black says that the people who chose to switch were generally either inspired by a bad experience with their current bank or they were people moving to internet-only accounts.
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