* Bank says will work with regulators (Adds Standard Chartered response, shares, background)
LONDON, Aug 21 (Reuters) - Standard Chartered on Thursday said it would work with regulators after the United Arab Emirates central bank warned it could face legal action after agreeing to close some customers' UAE accounts in an anti-money laundering settlement.
ABU DHABI, Aug 21 (Reuters) - Standard Chartered is liable to legal action in the United Arab Emirates after it agreed to close some customers' UAE accounts in an anti-money laundering settlement with U.S. regulators, the UAE central bank said on Thursday.
* Large amount of suspect transactions came from HK and UAE
DUBAI, Aug 20 (Reuters) - The United Arab Emirates has advised its citizens to stay away from several shopping and nightlife districts in central London because of the danger of crime, a warning that comes after two violent attacks on Emirati tourists in the capital this year.
As part of this deal, the bank's New York branch will be suspended from dollar-clearing for high-risk retail clients, and StanChart will shed some high risk small and medium business clients in its UAE divisions. Post your comment!
ABU DHABI, Aug 19 (Reuters) - NMC Health, the United Arab Emirates healthcare provider, boosted first-half profit by nearly 27 percent, aided by higher occupancy across its hospitals, it said on Tuesday.
DUBAI, Aug 19 (Reuters) - Technical indicators and sluggish turnover indicate stock markets in the United Arab Emirates are likely to remain stuck in a sideways trend on Tuesday, while Egypt could face further declines following Monday's sell-off.
DUBAI, Aug 18 (Reuters) - Shareholders of National Bank of Ras Al Khaimah (RAKBANK) have approved a 3.64-dirham ($0.99) per share offer to buy a majority stake in Ras Al Khaimah National Insurance Co, the bank said on Monday.
DUBAI, Aug 17 (Reuters) - A Nigerian woman with cancer who died in the Emirati capital had shown signs "that may be consistent with Ebola", the Health Authority of Abu Dhabi said on Sunday.