By Alisha Houlihan for AMLi
The United States (US) Treasury Department announced on Monday that two subsidiaries of French bank Crédit Agricole Group will pay more than $1.2M (€1.2M) in civil penalties.
CA Indosuez Switzerland SA, a Swiss-based indirect subsidiary of Credit Agricole and Corporate & Investment Bank has agreed to pay $720K (€743K) to settle allegations of alleged violations of US financial regulations, according to The Wall Street Journal.
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