Sunday, August 21, 2016

Taiwan's Mega Financial shares fall 5 pct after New York branch fined by regulators

TAIPEI, Aug 22 (Reuters) - Shares of Mega Financial Holding

, one of Taiwan's biggest banks, opened 5 percent lower

in Taipei on Monday after its New York banking branch was fined

$180 million by New York State's financial services department

for anti-money laundering violations that included lax attention

to risk exposure in Panama.

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