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Bank reaches $340 million settlement after hiding business with Iran

The British bank Standard Chartered has agreed to pay New York’s top banking regulator $340 million for covering up transactions with Iran in order to gain fees.

Back to Center for YU?

Will Richard Joel -- elected Dec. 5 as Yeshiva University's (YU) new president -- redirect the flagship institution of modern Orthodoxy from its rightward move of the past several decades back toward the center?

That's a question being asked in the halls of YU and throughout the community at the culmination of a long and difficult search process for a successor to Dr. Norman Lamm, who has guided the institution since 1976.