Standard Chartered bank puts aside US$ 900m for potential fines in US and UK

Thursday, February 21st 2019 - 15:24 UTC

Full article 2 comments

Standard Chartered is putting aside US$ 900 million for potential fines involving investigations in Britain and the US. The money will cover separate investigations into breaches of US sanctions and foreign exchange trading issues. Read full article

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Roger Lorton
The connection to the Falklands being ........... ?
Feb 21st, 2019 - 11:26 pm - Link - Report abuse 0
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portman
The money needed to pay the fines = less money available to pay interest to it's depositors in the Falklands (and elsewhere).
Feb 22nd, 2019 - 01:26 pm - Link - Report abuse 0
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