Standard Chartered has seen its profits for the first nine months of the year dented by a settlement with US authorities over alleged sanction violations.
The bank agreed in August to pay $340 million (£211m) to a New York regulator to settle accusations that it hid illegal transactions with Iran and violated US sanctions law. In a trading update, the group said its operating profits, which would have shown double-digit growth before the payment, had now grown in the mid-single digits.
Standard Chartered said it continued to work with other US agencies on their review of its compliance with sanctions.
