August 22, 2016 / 10:31 AM / a year ago

BRIEF-Taiwan's Mega Financial says president offers to resign

TAIPEI, Aug 22 (Reuters) - Taiwan’s state-run Mega Financial Holding said on Monday:

* Its president has offered to resign after its banking branch in New York was fined $180 million by New York State’s financial services department for anti-money laundering violations that included lax attention to risk exposure in Panama.

* Mega’s chairman has asked the president to stay on and help with the case for now. (Reporting by Faith Hung)

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