Shares in Standard Chartered opened 6.5% higher this morning, showing signs of recovery after their steepest one-day fall in decades.
Yesterday the bank was forced to deny allegations that they were laundering money for Iran.
The accusations, made by New York's State Department of Financial Services, seen the bank's share price tumble by more than 17%.
After accusations of money laundering on behalf of the Iranian regime, Standard Chartered's chief has said "sorry".
Shares in Standard Chartered have had an absolute savaging on the stock market. Dives like this are unusual, and serious for any company
It might not be a big name on our high streets but Standard Chartered is one of the biggest names in banking.