The Traderszone Network

Published in TZ Latest News 31 October, 2014 by The TZ Newswire Staff

Exclusive: U.S. probing Standard Chartered over Dubai banking – sources

The latest investigation involving the bank is based, in part, from evidence that emerged during a separate probe of BNP Paribas, the French bank that pleaded guilty this summer to charges related to sanctions-busting and agreed to pay $8.9 billion in penalties, the people said. Investigators also learned that the company used to have an account with Standard Chartered, according to the source.