Bank
of Tokyo-Mitsubishi (BTMU) has been fined $315m (£200m) by US authorities for
watering down a report about transactions involving Iran and other sanctioned
countries.
Key
warnings were removed from the report by PricewaterhouseCoopers (PwC), due to
pressure from BTMU employees, New York State regulators found.
One
BTMU employee resigned following the investigation.
Two
others were banned from working with any New York banks.
"It
is clear that
