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Sands: StanChart's reputation damaged

Aug 8 2012  New York state’s financial watchdog has accused Standard Chartered of hiding $250bn of transactions linked to Iran. Peter Sands, the bank's chief executive, tells the FT’s banking editor Patrick Jenkins that he rejects the portrayal of the facts set out by the regulator. But he does accept there has been damage to the bank’s reputation.  (6m 6sec)
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Filmed by Darius G Laws. Produced by Daniel Garrahan.
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