Standard Chartered deal with US agencies in the works

  • 12 years ago
Shares of Standard Chartered rose sharply in London on Wednesday after it reached a multi-million dollar deal with New York's financial regulator over its breaking of US sanctions against Iran.

The British bank said it is also negotiating a collective settlement with other US authorities - which will likely cost it hundreds of millions more.

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http://www.euronews.net/

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