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James Moore: After US attack on City, maybe our regulators should target Wall Street
Aug 8th 2012, 02:00

Allegations the bank cocked a snook at US sanctions in pursuit of millions of dollars, pounds, dinars, whatevers in fees from some decidedly unpleasant parts of the world (Myanmar, Sudan, Iran) have been greeted across the Pond with the sort of glee usually reserved for Michael Phelps' performances in the pool. The City's cheerleaders are going to wish StanChart had fled these shores when chief executive Peter Sands last threw a hissy fit about British regulators curtailing his plans for his pals' bonuses. Because, despite its relationship with its home country being lukewarm at best, it is...

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