StanChart Facing £1.5 Billion UK Claim in Iran Sanction Case
Standard Chartered headquarters in London.
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Standard Chartered Plc is facing about £1.5 billion ($1.9 billion) worth of investor claims at a London trial over allegations it systematically breached Iranian sanctions to win new business.
A London judge ruled on Friday that the trial, that will also probe accusations of bribery, should be split into two parts with the first scheduled for October 2026.