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      Archive: 8/31/2012

      News Brief

        8/31/2012, Elul 13, 5772

      Chinese Banks Suspected of Violating Iran Sanctions

      The Justice Department of the United States is investigating if Chinese banks traded with Iran in violation of U.S. sanctions against the Tehran government's nuclear development program, according to a Thursday report by the New York Times.

      The newspaper said the probe is an extension of the investigation against British banks Standard Chartered and HSBC.