Economy - Voice of America: British Bank Value Plunges on Iran Money-Laundering Charge

Economy - Voice of America economy-and-business

British Bank Value Plunges on Iran Money-Laundering Charge Aug 7th 2012, 16:20 The British bank Standard Chartered lost nearly a quarter of its value in trading Tuesday, a day after U.S. officials accused it of illegally laundering $250 billion in financial transactions with Iran during the past decade.  Britain's fifth-largest bank, it has operations spread throughout the world, but until now had been spared from a wave of recent disclosures about financial irregularities by British banks. But New York's top banking regulator alleged that Standard Chartered ... Media files: 520E88CC-F91B-4BC5-9A58-0261F238EA53_cx0_cy9_cw0_w800_r1.jpg (image/jpeg, 0 MB)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions