The British Chambers of Commerce, and the Standard Chartered Bank have also said that unemployment could reach about 3 million before the recession ends.

BBC: Welfare claimants face conditions

Federal and state prosecutors have reached settlements with large international banks, including ING and the British bank Standard Chartered, for their sanctions busting transactions with countries such asCuba andIran.

FORBES: Financial Institutions: How Much More Will You Have to Spend on Anti-Money Laundering Programs to Avoid Criminal Prosecution?

He helped the Standard Chartered Bank repel a hostile takeover bid by British rival Lloyds Bank.

CNN: The Tough Trader