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Standard Chartered Settles With New York for $340 Million

New York’s top banking regulator had charged the British bank with laundering $250 billion in tainted money for Iranian clients.

 

StanChart begins fightback on Iran allegations

Standard Chartered won some help from Britain's central bank governor on Wednesday in its fightback against the New York banking regulator's allegations that it had hidden $250 billion of transactions with Iran.

 

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