Global banks seek to contain damage over suspicious fund transfers

Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents showing they transferred more than US$2 trillion in suspect funds over nearly two decades.

Britain-based HSBC, Standard Chartered and Barclays, Germany's Deutsche Bank and Commerzbank, and JPMorgan Chase & Co and Bank of New York Mellon Corp were among the lenders named in the report by the International Consortium of Investigative Journalists (ICIJ) and based on leaked documents obtained by BuzzFeed News...