Standard Chartered loses bid to scale back investors' UK sanctions lawsuit
By Martin Coyle ( March 25, 2025, 15:33 GMT | Insight) -- Standard Chartered has lost a bid to cut hundreds of millions of pounds out of a UK lawsuit by investors who claim they lost out due to the investment bank’s complicity in bribery and sanctions busting. The investment bank is being sued by investors who claim they made losses due to the bank being misleading about its involvement in sanctions non-compliance. Standard Chartered has lost a bid to cut hundreds of millions of pounds out of a UK lawsuit by investors who claim they lost out due to the investment bank’s complicity in bribery and sanctions busting....
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