Sands: Alleged American jibe inaccurate

The Guardian's Jill Treanor has tweeted:


Sands insists that the F---ing Americans quote is not accurate #business


Standard Chartered says sorry

The boss of Standard Charted said allegations it hid $250 billion worth of transactions with Iran "came as a complete surprise". Peter Sands said the figure from the regulator was an estimate. It apologised for the $14m of mistakes they admitted to.