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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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August 26, 2014
09:34 EDTSCBFFStandard Chartered aims to sell portion of UAE division, Reuters says
Standard Chartered is looking to sell a portion of its division in the United Arab Emirates after it decided to shut-down some accounts there in accordance with an anti-money laundering agreement with U.S. authorities, according to Reuters, citing two sources familiar with the plan. Reference Link
August 20, 2014
06:10 EDTSCBFFStandard Chartered pay up to $300M to settle allegations with New York DFS
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August 19, 2014
06:07 EDTSCBFFStandard Chartered in talks to pay up to $300M to settle allegations, FT reports
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