Standard Chartered

Standard Chartered Scandal Exacerbates Tension between the UK and US

It is becoming tedious to keep track of all the recent banking scandals. According to a new U.S. report, UK-based Standard Chartered PLC (LON:STAN) (LON:STAC) (PINK:SCBFF) is next in the line of banks gone rogue. The U.S. justice department is currently looking into allegations that the bank illegally helped Iranian clients skirt U.S. financial sanctions, hiding transactions worth $250billion. U.S. sanctions against . . .

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