Standard Chartered on Tuesday said that it emphatically rejected the claims. Shares in Standard Chartered fell on Tuesday and were down 2.7% by 1110 GMT, against a 0.3% drop in London's FTSE 100.

Business Standard Chartered Bank faces US$2.7 billion lawsuit in Singapore over alleged role in 1MDB fraud A Standard Chartered bank in Singapore on May 3, 2023. (File photo: Reuters/Caroline Chia) ...