"I want to reiterate that we deeply regret the past misconduct that led to this settlement and we take full responsibility for it," Dougan said.
The bank took the unusual step of pleading guilty to the charges when they were announced in May, which prompted calls for the resignation of Dougan, who has been at the helm of the bank throughout the financial crisis.
Despite outflows from western clients from its private banking arm,
After pleading not to shut down its commodities trading arm – as rivals such as
Most Popular Stories
- Michael Jackson, Freddie Mercury on Previously Unreleased Queen Cut
- 10 Things to Know About Alibaba
- Five Steps to Protect Yourself from Data Breaches
- Concur Sold to SAP for $8.3B
- Chrysler Recalls Nearly 189,000 SUVs
- Federal Probe Finds Christie Did Not Order 'Bridgegate'
- Intruder Gets into White House
- HCL America Adding 1,200 IT Jobs
- Longtime Unemployed to Get Help in Las Vegas
- Medical Mfg. Jobs Coming to Dayton