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Standard Chartered Reaches £1.5 Billion Settlement in Investor Sanctions Case
Standard Chartered Plc has agreed to settle a long-running investor lawsuit valued at £1.5 billion ($2 billion) that accused the lender of deliberately violating sanctions against Iran to secure new business. The resolution emerged in a London Court of Appeal ruling on disclosure issued Friday, in which the judge noted that the parties had settled the matter after reviewing a draft version of the judgment. “After a draft of this judgment was circulated to the parties, they re
18 hours ago1 min read
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