BERLIN | By Alberto Lozano | While yesterday downs on Wall Street were marked by rising tensions in Ukraine, negative data from German manufacturing orders also seem to to be influenced by the geopolitical risks and the Russian sanctions’ impact on the eurozone’s economic recovery.
It’s definitely not the best time for British banks. The last one under the spotlight is Standard and Chartered, until now regarded as a darling of the financial sector. The emerging markets-focused lender which managed to escape the effects of Europe’s debt crisis may now lose its operating licence in New York: US regulators alleged it hid $250 billion in transactions with Iran over nearly a decade. According to the…