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AOL.com Video - Standard Chartered Accused of Housing 'Rogue' Unit

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VIDEO:News

Standard Chartered Accused of Housing 'Rogue' Unit

Description:New York's top banking regulator has accused U.K. bank Standard Chartered of illegally handling at least $250 billion in transactions with Iranian entities. Max Colchester and Farah Khalique discuss the allegations and the process or "wire stripping." Photo: Reuters (3:54)

Source: WSJLive

Tags: Standard Chartered Accused of Housing 'Rogue' Unit , illegal transactions , Iran Financial Restrictions , The Wall Street Journal

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