Standard Chartered to pay $1 billion to end probes of Iran business

Wed 10 Apr 2019: The bank will pay both UK and US regulators Standard Chartered agreed Tuesday to pay more than $1 billion (Dh3.6 bn) to resolve a long-running investigation into its handling of transactions that violated economic sanctions, a penalty whose severity reflects the London-based lender’s repeated violation of US sanctions on Iran. A … Continue reading Standard Chartered to pay $1 billion to end probes of Iran business