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News Breaks | | | | November 28, 2012 | | 18:57 EDT |  | SCBFF | Standard 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 | |
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