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  • BUSINESS

    Standard Chartered rejects Iran money laundering claims

    AFP, Published on 08/08/2012

    » LONDON: Shares in emerging markets specialist Standard Chartered Bank plunged Tuesday after US regulators charged that it hid $250 billion in deals with Iranian banks in violation of US sanctions.

  • WORLD

    RBS profits fall 22%

    Published on 03/08/2012

    » Royal Bank of Scotland Group Plc, Britain’s biggest taxpayer-owned lender, said its profit fell 22% in the second quarter as revenue from its markets unit slipped amid the worsening European sovereign debt crisis.

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