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StanChart may face more fines for Iran-related deals: report

Published Mon, Sep 21, 2015 · 09:50 PM

London

STANDARD Chartered was still reviewing if some of its clients were Iranian or Iran-connected entities in 2013, the Financial Times said, saying it had identified transactions that could put the bank at risk of more US penalties.

The London-listed bank's shares were down 2.4 per cent at 705.6 pence by 0800 GMT, underperforming a flat European banking index.

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