Standard Chartered (SCBFF.PK) has denied accusations from the State of New York that it hid over...

|About: Standard Chartered PLC (SCBFF)|By:, SA News Editor

Standard Chartered (SCBFF.PK) has denied accusations from the State of New York that it hid over 60,000 illegal Iranian transactions totaling at least $250B over a 10-year period. The U.K.-listed bank said the total value of the transactions that breached U.S. regulations was less than $14M. Shares -24.5% in London. (PR)