U.S. ignored evidence major U.K. bank was helping fund sanctioned Iranian groups, whistleblower says
Publishing timestamp: 2024-06-04 11:00:01
Summary
Standard Chartered is facing allegations that it helped finance sanctioned Iranian entities and terrorist groups, with a whistleblower claiming that U.S. officials ignored evidence of wrongdoing by the bank. The bank denies the allegations and says the claims have been discredited by U.S. authorities.
Sentiment: NEGATIVE
Tickers: STAN-GB,
Keywords: banks, government and politics, united states, securities fraud, emerging markets, breaking news: politics, terrorism, standard chartered plc, iran, laws, politics, business news,