Stanford reassures employees over 'routine' probe

Texas billionaire and cricket mogul Allen Stanford sought to reassure his employees as US regulators probed his investment firm and Caribbean bank, which have delivered higher-than-average returns to investors and depositors despite the global meltdown.

Investigators visited Florida offices of the Houston, Texas-based Stanford Group Co in January as part of a probe that dates back at least three months, said a US official with knowledge of the probe.