Standard Chartered agrees $340m settlement - Breaking News Allvoices

News Stories Related To: Standard Chartered agrees $340m settlement

Source: Al Jazeera
Tehrān : Iran | almost 2 years ago  
46 The US Treasury Department said the settlement would not halt its own investigation of Standard Chartered [EPA] Standard Chartered has agreed to pay $340m to settle allegations...
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  • Standard Chartered works on joint deal with U.S. agencies

      International Business Times | almost 2 years ago
    Standard Chartered is pursuing a collective settlement with other U.S. authorities after speedily agreeing to pay $340 million (216.7 million pounds) to New York 's financial regulator, who broke ranks with early revelations that the bank hid banned...
  • Standard Chartered pays $340mln fine for Iran money laundering

      Russia Today | almost 2 years ago
    Involvement in money laundering and other violations is a global problem of bank behavior, not of the British banking alone, John Mann, a Labour member of the UK Treasury select committee, told RT...The deal with New York Superintendent of Financial...
  • Standard Chartered shares recover after paying €340m fine for Iran ...

      Independent | almost 2 years ago
    Standard Chartered continued to recover today after it agreed a "lower than anticipated" settlement with regulators over allegations that it hid transactions with the Iranian government. The 160-year-old bank agreed to pay the New York State...
  • Standard Chartered fined $340 million over Iran deals

      NOW Lebanon | almost 2 years ago
    Standard Chartered on Tuesday settled allegations that it helped Iranian clients dodge US sanctions, announcing a fine of $340 million from a New York banking watchdog. The "civil penalty" came amid allegations that the London-based bank hid 60,000...
  • Called to account 

      NY Daily News | almost 2 years ago
    Jin Lee/Bloomberg State financial services Superintendent Benjamin Lawsky moved quickly against Standard Chartered bank...Eight days after New York charged Britain's Standard Chartered Bank with illicitly facilitating $250 billion worth of Iranian...
  • Standard Chartered shares rise as US regulator drops licence threat

      The Observer | almost 2 years ago
    Standard Chartered chief executive Peter Sands remains under intense pressure. Photograph: AFP/Getty Images Standard Chartered shares jumped after the London-based bank fended off threats by a New York regulator to revoke its banking licence for...
  • Standard Chartered To Pay $340m Fine over Iran Deals

      International Business Times | almost 2 years ago
    Reuters Standard Chartered has agreed to pay New York bank regulators $340m (£217m) in penalty fines for concealing transactions with Iran worth at least $250bn. Standard Chartered's shares jumped by around 5.5 percent to reach $175 in Hong Kong,...
  • Standard Chartered Settles for $340m on Iran Money Laundering Charges

      International Business Times | almost 2 years ago
    Standard Chartered will pay a civil penalty of $340m to the New York State Department of Financial Services (DFS), in order to settle the regulator's charges that the UK-listed bank hid at least a quarter of a trillion US dollars' worth of...
  • Standard Chartered reaches $340 million settlement over Iran

      Reuters | almost 2 years ago
    Topics Employees of Standard Chartered leave a branch of the bank in central Seoul August 9, 2012. Standard Chartered Plc agreed to pay $340 million to New York's bank regulator over transactions linked to Iran, in a speedily arranged deal that...
  • Bank shares rise on US settlement

      BBC | almost 2 years ago
    Standard Chartered shares have risen in Hong Kong after it agreed to pay $340m (£217m) to New York regulators to settle claims that it hid transactions with Iran. The bank, accused of laundering as much as $250bn, had been threatened that its US...
  • Standard Chartered to...

      Arab News | almost 2 years ago
    Standard Chartered yesterday agreed to settle US allegations that it helped Iranian clients dodge sanctions, accepting a fine of $340 million from New York's banking watchdog. The bank had denied accusations that it systematically hid $250 million...
  • U.K. Bank Settles Iran Money Case

      Asian Wall Street Journal | almost 2 years ago
    Standard Chartered agreed to pay $340 million to a New York regulator to settle allegations that the bank broke U.S. money-laundering laws in handling transactions for Iranian customers. The presidential race shifted to a debate over energy as Obama...
  • James Ashton: Sands' stand was a price worth paying

      The Independent | almost 2 years ago
    Suggested Topics Outlook A banking boss I talked to over the weekend was admiring Peter Sands' stand against allegations that his bank, Standard Chartered, had handled transactions from Iran in breach of American sanctions. Instead of staying mum, Mr...
  • Standard Chartered stumps up $340m for Iran links

      The Independent | almost 2 years ago
    Standard Chartered agreed last night to pay $340m (£217m) to settle sanctions-busting allegations in the US, protecting its valuable New York banking licence and averting an embarrassing public hearing that had been scheduled for today. The bank has...
  • Standard Chartered to pay $340 million to settle with N.Y. over Iran ...

      Washington Post | almost 2 years ago
    The Washington Post London-based Standard Chartered Bank agreed to pay $340 million to settle New York state charges that it illegally funneled hundreds of billions of dollars to Iran, even as other probes by federal regulators are continuing. New...
  • Standard Chartered Bank to Pay Fine

      Israel National News | almost 2 years ago
    Documents released last week by the FSA found that the New York branch of the bank conducted transactions with Iranian banks totaling $250 billion for a period of seven years.
  • Standard Chartered pay $340m fine to New York bank regulator

      Guardian Unlimited | almost 2 years ago
    Bobby Yip/Reuters The British bank Standard Chartered has agreed to pay a $340m (£220m) fine to a US regulator which had accused it of scheming with Iran to hide billions of pounds' worth of transactions from the US authorities, leaving the financial...
  • StanChart deal sends ominous signal to other banks

      The Globe & Mail | almost 2 years ago
    Market View talking management First, there's the matter of how DFS boss Benjamin Lawsky handled the matter. Sure, the former chief of staff to New York's Governor Andrew Cuomo has managed to wangle a hefty sum from Standard Chartered...Mr. Lawsky...
  • Standard Chartered settles over US$250b accusation

      Wellington Dominion | almost 2 years ago
    Standard Chartered has agreed to pay US$340 million ($422 million) to settle allegations by New York's bank regulator that it hid transactions linked to Iran. The announcement on Tuesday capped a week-long transatlantic dispute over the US...
  • Standard Charter to pay $340 million fine

      United Press International | almost 2 years ago
    New York state banking regulators said British bank Standard Chartered agreed to pay $340 million to settle charges of hiding its business with Iranians. The case involved 60,000 secret financial transactions, The Wall Street Journal reported Tuesday.
  • Standard Chartered Settles New York Case

      Asian Wall Street Journal | almost 2 years ago
    Standard Chartered agreed to pay New York's top banking regulator $340 million, averting a public showdown and ending a weeklong, trans-Atlantic regulatory drama. Investors and companies are increasingly pulling money out of China and its currency in...


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