Exclusive: Standard Chartered expected to pay just over $1 billion to resolve U.S., UK probes

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London-based Standard Chartered is expected to pay slightly more than $1 billion (£765 million) to resolve a nearly five-year-old investigation of potential U.S. sanctions violations tied to its banking for Iran-controlled entities in Dubai, as well as a related U.K. probe, according to a person familiar with the matter.

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