UK-listed Standard Chartered has said it is close to agreeing a further $330m charge with US regulators to settle accusations it failed to comply with sanctions against Iran.
The settlement will be on top of the $340m paid to the New York Department of Financial Services in Q3, but will not stop the bank from posting an expected single-digit level of profit growth for 2012,...
Kaynor assumes role
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Moves to overweight equities and fixed income
Industry Voice Sponsored by T.Rowe Price: With market volatility likely to persist and the US dollar potentially near a peak, prudent investors may want to position their portfolios to take advantage of assets that have historically performed well late...
The Big Interview: Focus on ethical investment