Standard Chartered shares rose 3 per cent on Friday after what the bank said was a favourable ruling by the U.S. Department of Justice in a long running civil case.
Shares in the London-headquartered, Asian-focussed bank tumbled last week after a U.S. Republican lawmaker, Elise Stefanik, wrote to the Attorney General, Pam Bondi, asking for a probe to be launched into the bank, claiming it was involved in sanctions evasion.