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Stock Market & Financial Investment News

News Breaks
August 19, 2014
06:07 EDTSCBFFStandard Chartered in talks to pay up to $300M to settle allegations, FT reports
According to sources, Standard Chartered could announce a settlement with New York’s Department of Financial Services this week, the Financial Times reports. The bank is in talks to pay up to $300M to the regulator to settle claims it did not identify suspicious transactions. The current investigation is a follow-up to the bank's 2012 settlement with the U.S. 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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