Standard Chartered Falls on N.Y. Iran Probe

Standard Chartered Falls on N.Y. Iran Probe Play

Aug. 7 (Bloomberg) -- Standard Chartered Plc fell the most in almost 24 years as an analyst estimated it may face costs of $5.5 billion after being accused of violating U.S. money laundering laws over its dealings with Iranian banks. Dominic Chu reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

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