Standard Chartered: Buy, Sell Or Hold?

Published in Investing on 10 August 2012

Nate Weisshaar and David Kuo discuss Standard Chartered (LSE: STAN) in light of the bank's recent troubles.

In this edition, Motley Fool Share Advisor analysts Nate Weisshaar and David Kuo discuss Standard Chartered (LSE: STAN) in light of recent allegations that the bank laundered as much as $250 billion (£161 billion) for Iran. Has the share-price slump presented a buying opportunity, or does the bank face long-term problems?

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> Nate and David do not own shares in Standard Chartered. The Motley Fool owns shares in Standard Chartered.

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goodlifer 11 Aug 2012 , 3:19pm

fact good for investors, can be undervalued,.sometimes substantially so.
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goodlifer
11 Aug 2012 , 2:50pm
My only first-hand experience of Standard Chartered has been in Africa, where at least some of their operation involved changing hardish currencies like the pound and the dollar into and out of the local Mickey Mouse money.
I would imagine they also do much the same in Asia.

If that's an important part of their business it might hit them quite hard
if its US banking licence were revoked. .

Their boss has admitted they've "made mistakes."
Bankspeak for "committed a few crimes?"

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