StanChart faces US sanctions probe - FT.com:
"US authorities have reopened an investigation into Standard Chartered to determine whether the UK bank hid transactions that flouted sanctions laws as it was settling a related action two years ago, people familiar with the matter said.
The inquiry is a blow for StanChart and its embattled management team. Peter Sands, one of the longest serving chief executives of any global bank, faces growing doubts about his future after this week announcing the group’s third profits warning of the year.
StanChart’s shares fell 5 per cent on Thursday. They are down more than 13 per cent since the start of the week and have halved in the past 18 months."
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