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Is StanChart Admitting it Was Wrong?

Wed 15 Aug 12 | 01:00 AM ET
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Is StanChart Admitting it Was Wrong?

Wed 15 Aug 12 | 01:00 AM ET
Cormac Leech, bank equity strategist at Liberium capital, told CNBC that Standard Chartered's decision to settle with New York state for $340m was a pragmatic decision and should not be taken as an admission of wrongdoing.
 
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