Stanchart To Pay $330million To U.s. Regulators For Iran Transactions

Reuters: Top News, Reuters
Wed, 12/05/2012 - 9:19pm

HONG KONG (Reuters) - Asia-focused bank Standard Chartered expects to pay about $330 million to U.S. regulators as settlement for its failure to comply with sanctions against Iran, denting its full year profit growth.

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Topics: banks hong kong iran iran sanctions lawsuit settlement middle east standard chartered plc

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