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Standard Chartered plc News

Standard Chartered to Pay $1.1 Billion to Resolve U.S., U.K. Probes

Standard Chartered, a big U.K. lender, will include a $190 million charge in first-quarter results to pay for the settlements, on top of a $900 million reserve recorded in the fourth quarter of 2018.

Saudi Investment in Focus Amid Khashoggi Case; Trump Threatens 'Severe' Response

Saudi Arabia's vow to respond with "greater action" to any economic or political sanctions linked to the disappearance of dissident journalist Jamal Khashoggi has dented global market sentiment Monday and added downward pressure to a host of U.S. stocks linked to the Kingdom's powerful sovereign wealth fund and its critical oil industry.

Standard Chartered Slumps Amid Reports of $1.5 Billion Iran-Dealing Fine

Standard Chartered shares fell to the lowest level in nearly two years Tuesday amid reports that the emerging markets-focused investment bank could face a fine as high as $1.5 billion for violating U.S. sanctions on Iran.

Bitcoin Today: Prices Lean Higher Following Tough Weekend for Cryptos

Prices were up narrowly Monday after dipping dramatically over the weekend.

JPMorgan CEO's Plan to Stay Five Years Shows He's Up for Another Crisis

Under JPMorgan CEO Jamie Dimon's own formula, a financial crisis happens every five to seven years. It's now been a decade since the last crisis.

Breaking News

Ford Makes a Major Change

The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.