The New York State Department of Financial Services found that Promontory was not sufficiently independent in its work for Standard Chartered (HKSE: 2888.HK - news ) , a London-based bank that helped clients evade U.S. sanctions against Iran and other countries.
Utilize the input text as a context reference, choose the right relationship between 'Standard Chartered' and 'Financial Services' from the options.
Options: developer, position held, industry, subsidiary