Stanford International Curtailed Financing Commitments Amid Probe

An offshore bank at the center of two U.S. fed investigations recently curtailed financing commitments to 2 small American companies, regulatory filings show. Stanford International Bank Ltd. of Antigua recently failed to provide some $16 million in funding to a small FL telecommunications firm, while a small AL health-care firm said it was unable to complete a roughly $62 M merger after funding fell through. Stanford International had previously planned to provide funding to complete the deal, according to the health-care firm. The disclosures raise new questions about activities of Stanford International Bank, part of a sprawling financial-services network controlled by Texas businessman R. Allen Stanford. As reported, the FBI