Search Results for: Standard Chartered
Standard Chartered CEO Is Under Pressure From Shareholders, Regulators, Staff
January 29th, 2015
Bank’s Top Shareholders Privately Push for New Leadership Amid Investor, Regulatory Anxiety Hundreds of Standard Chartered PLC’s most senior executives gathered earlier this month on Singapore’s Sentosa island to address the global bank’s dimming fortunes. From a lectern at ...
Standard Chartered PLC today announced the closure of its institutional cash equities, equity research and equity capital markets “ECM” activities
January 8th, 2015
Standard Chartered PLC (“The Group”) continues to exit or reconfigure non-core and underperforming businesses This decision is in addition to a number of actions being taken to deliver at least US$400m of cost saves targeted for 2015, as communicated ...
Standard Chartered to sell Hong Kong consumer business to Pepper-linked consortium: sources
December 16th, 2014
Standard Chartered (STAN.L) has agreed to sell its Hong Kong-based consumer finance business to a consortium that includes Pepper Australia Pty Ltd and a Chinese group, in a deal estimated between $600 million to $700 million, two people with ...
Standard Chartered to close MidEast branches
November 13th, 2014
Standard Chartered is set to cull an unspecified number of branches in the Middle East, as part of plans to cut up to 100 locations in emerging markets next year in a bid to save $400 million. The global ...
Standard Chartered suspends certain Hong Kong operations
September 29th, 2014
Standard Chartered Plc (STAN.L) has suspended some of its Hong Kong banking operations, including over-the-counter services and check deposits, until further notice due to “situations in certain areas”, the Asia-focused lender said on Monday. Standard Chartered has activated contingency ...
Standard Chartered faces further US fine
August 6th, 2014
Standard Chartered warned it could face more US fines over its money-laundering controls as it reported a 20% fall in half-year profits. US regulators have identified new problems with the bank’s surveillance system, the bank said. It faces a ...
Dentons makes it onto Standard Chartered’s overhauled global legal panel
May 19th, 2017
For the first time Dentons has won a spot on Standard Chartered’s global legal panel while Herbert Smith Freehills (HSF), Baker McKenzie, Allen & Overy, Clifford Chance, Hogan Lovells, Slaughter and May and Linklaters have all been reappointed. Review ...
Standard Chartered, Societe Generale are among four banks added to Forex Lawsuit by investors
August 3rd, 2015
Standard Chartered Plc and Societe Generale SA are among four banks added to a suit by investors claiming banks manipulated the $5.3 trillion a day foreign-exchange market. The investors filed a revised complaint Friday in which they broadened their ...
UAE among priority countries for Standard Chartered
June 26th, 2015
Standard Chartered has outlined a plan to spend more money growing its business in emerging-market countries including the UAE, where the fallout from lower commodity prices has not been as crippling as it has been in countries such as ...
Rising demand for chartered accountants in Middle East
March 9th, 2017
As business models become more complex and sophisticated, every enterprise needs qualified professionals to help them invest, develop and grow prudently. Since 1961, The Institute of Chartered Accountants of Pakistan (ICAP) has been playing a pivotal role in meeting ...
