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U.S. Treasury Will Continue Standard Chartered Probe

Aug. 14 (Bloomberg) -- The U.S. Treasury Department said its investigation of Standard Chartered Plc will continue after the bank settled a New York money-laundering probe for $340 million.

“Treasury will continue working with our regulatory and law enforcement partners to hold Standard Chartered accountable for any sanctionable activity that occurred,” the Treasury said in a statement sent by e-mail today.

To contact the reporter on this story: Ian Katz in Washington at Ikatz2@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at

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