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Bank of Tokyo Mitsubishi UFJ to pay $315 million fine for misleading regulators, New York State says

( November 18, 2014, 16:47 GMT | Official Statement) -- MLex Summary: : Benjamin Lawsky, head of New York State's financial services department, said Bank of Tokyo Mitsubishi UFJ will pay a $315 million penalty for pressuring its consultant, PricewaterhouseCoopers, to remove warnings to regulators about the bank's transactions with sanctioned countries including Iran, Sudan and Myanmar. Last year, the bank paid a $250 million penalty for its sanctioned transactions.Statement follows in full....

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