News

Standard Chartered has unveiled sweeping changes in its boardroom following reports of discord at the top of the FTSE 100 bank.

James Ashton: Something's got to give for Sir John

Outlook It is tempting to believe that everything is done and dusted at Standard Chartered.

Lawyer lambasts Standard Chartered over settlement

Standard Chartered was attacked by one of the top lawyers in the City last night for agreeing a quick settlement of the money-laundering allegations that threatened to destroy the bank and warned that it could be forced to pay out billions more before it can properly settle the scandal.

Leading article: No clarity from Standard Chartered

By agreeing to pay $340m to settle the New York State financial regulator's allegations of sanctions-busting, Standard Chartered has raised more questions than it has answered.

Quick Iran deal puts Standard Chartered under fire

City lawyer says the settlement with US watchdog on scandal could cost billions

Standard Chartered shares rise after payout

Shares in scandal-hit bank Standard Chartered continued to recover today after it agreed a “lower than anticipated” settlement with regulators over allegations that it hid transactions with the Iranian government.

Standard Chartered has been accused of laundering $250bn from Iran

Standard Chartered stumps up $340m for Iran links

Eleventh-hour settlement with New York regulators over sanction-busting charges

Standard Chartered in money-laundering talks

Standard Chartered is discussing a settlement with US regulators ahead of tomorrow's preliminary hearing before the New York State Department of Financial Services (DFS), which last week alleged it had laundered $250bn (£159bn) of money from Iran.

Standard Chartered in race to reach settlement with US regulators

Standard Chartered, the UK bank accused of laundering money on behalf of Iran, is unlikely to reach a settlement with its American regulators before a scheduled hearing in New York on Wednesday, according to sources at the bank.

Standard Chartered has been accused of laundering $250bn from Iran

Investor backlash sends Standard Chartered reeling

Standard Chartered saw a quarter of its value wiped away yesterday as furious investors sold the bank's shares in the wake of allegations by US regulators that the pillar of the British financial establishment facilitated money laundering on an industrial scale.

Bank chiefs face the axe in Iran 'laundering' scandal

Pressure was growing last night for the two top executives at Standard Chartered, Peter Sands and Richard Meddings, to resign in the wake of accusations that the British bank laundered $250bn (£160bn) of Iranian money over the past decade.

City calls for heads to roll at Standard Chartered

'Laundering' scandal puts Peter Sands and Richard Meddings in line of fire

Market value of Britain’s second largest bank Standard Chartered falls by a quarter after Iranian money laundering allegations

The market value of Britain’s second largest bank fell by almost quarter today after it was accused by US regulators of laundering $250bn from Iran and behaving like a “rogue institution”.

Investment Insider: Market may have misread Barclays' ability to recover

Perhaps the most telling sign that UK banks are unwanted is that four of the UK's five main quoted banks are trading below their book (or net asset) values.

Anthony Hilton: Changing the bank rules won't help. It's leadership we need

There are more rules than ever governing banking today

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