State's Department of Financial Services said it wanted to better protect consumers, and prevent laundering.
Mt. Gox, once the world's biggest bitcoin exchange, says it may have lost investors' money due to hacking.
The bank has reported its biggest annual loss since it was rescued by the U.K. government in 2008.
Alleges bank "helped its U.S. customers conceal their Swiss accounts" and avoid billions in taxes.
The bank is looking for opportunities to stem its revenue decline as overall mortgage lending volume plunges.
Matthew Martoma convicted on all three of the conspiracy and securities fraud charges that he faced.
Benjamin Lawsky has requested documents from more than a dozen banks, including Goldman Sachs and Deutsche Bank.
The lender is expected to replace about 400 branches with smaller outlets in Asda supermarkets.
Top executives won't receive any bonuses on the bank's performance in the past year.
A 74% pay hike from 2012 despite the banks several legal woes.
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