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Standard Chartered Not `Out of the Woods,' Petrou Says

Karen Shaw Petrou, a managing partner and co-founder of Federal Financial Analytics Inc., talks about Standard Chartered Plc.

Standard Chartered, having settled a New York money laundering probe for $340 million the day before it was to defend its right to operate in the state, still faces federal inquiries over claims it helped sanctioned nations including Iran illegally funnel money through the U.S.. Petrou speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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