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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.
Top banks downgraded
Published on 22/06/2012
» WASHINGTON - The health of 15 of the world's largest financial institutions has been called into serious question after Moody's downgraded their credit ratings, citing risk exposure and the eurozone crisis.