Partner Rita Glavin is quoted and the Firm mentioned in a Bloomberg News article titled, “Standard Chartered Settles N.Y. Iran Probe as Inquiries Loom.”
August 15, 2012
Bloomberg News
Ms. Glavin comments on how the New York Department of Financial Services’ recent $340 million settlement with Standard Chartered PLC might inpact DFS’ future dealings with other regulators. Ms. Glavin states, “Ben Lawsky hijacked the feds’ case… That kind of move causes a major headache for the Justice Department. Before, they may have been more willing to share with a state regulator. They may not be so willing in the future.”