Wednesday 08, August 2012 by Robin Amlôt

Standard Chartered shares take massive hit

The equity market reaction to the allegations facing Standard Chartered over its dealings with Iran saw the bank’s shares take a major pummelling. At the London close on Tuesday 7 August, Standard Chartered’s shares were down 241.5 at 1228.5, a one-day fall of 16.43 per cent.

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