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Standard Chartered to pay £203 mn penalty to settle probe

The deal covers currency transactions made at the bank's New York branch for Iranian, Sudanese, Libyan and Burmese entities from 2001 through 2007.

Standard Chartered to pay $327 mn to settle case in US

The penalty includes USD 100 million which the bank would pay to the Federal Reserve and USD 227 million to the US Department of Justice and the District Attorney for New York County.