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Stock Market & Financial Investment News

News Breaks
November 28, 2012
18:57 EDTSCBFFStandard Chartered nears U.S. settlement over Iran dealings, WSJ reports
Standard Chartered (SCBFF) is nearing a $300M settlement with the U.S. over the bank's dealings with Iran that may have violated U.S. sanctions, according to a Wall Street Journal report citing people involved in the negotiations. Standard Chartered paid $340M in August to settle a suit with the NY Department of Financial Services over similar accusations. Reference Link
News For SCBFF From The Last 14 Days
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December 16, 2014
06:50 EDTSCBFFStandard Chartered to sell consumer finance business in Hong Kong, Reuters says
Standard Chartered will sell its consumer finance business in Hong Kong to a consortium for $600M-$700M, reports Reuters, citing two people with knowledge of the deal. Reference Link

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