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Exclusive: Standard Chartered, regulators in settlement talks

Standard Charter

Standard Chartered is in talks with multiple law-enforcement officials, including New York's banking regulator, to resolve a probe into improper Iranian money transactions by the British bank, according to people familiar with the situation.

 

NY may pull StanChart license, says "rogue" bank hid $250 billion in Iran deals

Standard Chartered

New York's top bank regulator threatened to strip Standard Chartered Plc of its state banking license, saying the British bank was a "rogue institution" that hid $250 billion in transactions tied to Iran, in violation of U.S. law.

 

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