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Standard chartered shares drop iran allegations

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British bank sees sharpest one-day decline since 1988 after allegations of money laundering from the US.
Standard chartered shares drop iran allegations

A woman walks past a display board outside a branch of the Standard Chartered Bank in Hong Kong on August 7, 2012. Standard Chartered Bank on August 7 rejected allegations from US regulators that it hid 250 billion USD in transactions with Iranian banks for almost a decade in violation of US sanctions.

PHILIPPE LOPEZ