The Trader 

Market Outlook: Another bank fined $1.1 billion

The Trader

Yesterday Standard Chartered bank agreed to a $1.1 billion fine covering both the UK and US authorities, the second biggest ever for sanctions busting. They are accused of assisting Iranian controlled operations in Dubai, and the FCA claims their controls were ‘narrow, slow and reactive’.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now