Taiwan's Mega Financial looking into NY banking branch client activities -Chairman

Mega Financial Holding Co

21/09/2016 03:09

TAIPEI, Sept 21 (Reuters) - Taiwanese state-run financial 
holding company Mega Financial's  2886.TW  newly appointed 
chairman Michael Chang told lawmakers on Wednesday the firm is 
investigating whether clients of its New York banking branch 
engaged in money-laundering activities. 
    Chang was speaking during a parliamentary session in Taipei. 
    The executive was appointed by the Taiwan government  
earlier this month after the New York banking unit was hit by a 
U.S. fine for anti-money laundering violations.  urn:newsml:reuters.com:*:nL3N1BE2HQ  
 
 
 (Reporting by Faith Hung; Editing by Kenneth Maxwell) 
 ((faith.hung@thomsonreuters.com; 8862 2500 4893; Reuters 
Messaging: faith.hung.thomsonreuters.com@reuters.net)) 
 
Keywords: TAIWAN MEGA/