Reported about 10 hours ago
Standard Chartered shares fell nearly 9% after U.S. Republican lawmaker Elise Stefanik called for an investigation into the bank's alleged involvement in sanctions evasion. Stefanik requested the Attorney General to appoint a special attorney to examine these claims, which Standard Chartered has previously dismissed as false. This decline in stock comes after a period of strong performance for the bank this year.
Source: YAHOO