Standard Chartered Said Near Deal With Lawsky on Controls

Standard Chartered Plc is close to agreeing to pay as much as $300 million to resolve claims by New York’s banking regulator that it didn’t flag suspicious transactions after promising to do so in a 2012 accord, a person with knowledge of the matter said.

A settlement between the London-based bank and Benjamin Lawsky, superintendent of New York’s Department of Financial Services, could come as soon as this week, the person said, asking not to be identified because the talks are confidential.