Thursday November 20, 2014
The branch at Nakatia in Bareilly, its seventh in UP, will provide entire range of products, including the basic or no-frills accounts, the bank said in a statement issued here.
Tuesday November 4, 2014
HSBC's profits fell short of expectations in the third quarter after the bank set aside $1.8 billion for misconduct settlements and compensation for customers, including a potential fine for rigging currency markets.
Saturday November 1, 2014
The latest investigation involving the bank is based, in part, from evidence that emerged during a separate probe of BNP Paribas, the French bank that pleaded guilty this summer to charges related to sanctions-busting and agreed to pay $8.9 billion i...
Tuesday October 28, 2014
The Asia-focused bank also said it will target a further $400 million in cost reductions for 2015, as it reshapes itself to combat a downturn in emerging markets which had previously been a tremendous engine of growth - driving it to ten straight yea...
Tuesday October 7, 2014
Standard Chartered plans to hire at least 1,000 more staff in Africa in the next couple of years, an increase of more than 10 per cent, even as its expansion elsewhere has slowed.
Sunday October 5, 2014
Jindal Group is considering a last-minute move to acquire debt-ridden UK firm London Mining, according to a media report on Sunday.
Friday September 26, 2014
Morgan Stanley and Standard Chartered are among six banks picked to manage the sales of shares in two state-run Indian companies, sources directly involved in the deals said on Friday.
Monday September 22, 2014
Standard Chartered downgraded the stock to "in-line" from "outperform", saying interactions with management and channel partners suggest "demand recovery will be gradual and not as sharp as street expectations."
Sunday August 24, 2014
According to the global financial services major, the India-ASEAN trade corridor, currently worth around $80 billion, has been growing fast at a compound annual growth rate of 23 per cent over the past decade.
Friday August 22, 2014
According to a report by Standard Chartered Bank, Hyundai plans to source engines for its global operations from India, Ford plans to make India its manufacturing hub for engines for the Asia-Pacific region and Africa, and Volkswagen plans to increas...
Wednesday August 20, 2014
The civil settlement announced on Tuesday by Benjamin Lawsky, the New York State financial services superintendent, came two years after Standard Chartered agreed to pay $667 million to a variety of US regulators to resolve similar charges, including...
Tuesday August 12, 2014
Because Standard Chartered clears about two million US dollar transactions each month, the process of poring through the data will be "a huge piece of work" that could take months, said one of the sources. Both sources spoke on condition of anonymity...
Monday August 11, 2014
India's GDP growth rate in the first quarter of this fiscal year is likely to be around 6 per cent -- the strongest pace of growth in last nine quarters, Standard Chartered has said.
Wednesday August 6, 2014
The bank, which is listed on the Indian bourses through Indian Depository Receipts, had registered an operating profit of $439 million for the corresponding January-June period last year.
Thursday July 31, 2014
Tata Consultancy Services (TCS), India's largest software services firm, on Wednesday said it has been appointed as the official IT consultancy partner of the Standard Chartered Singapore Marathon 2014 (SCMS).
Friday July 25, 2014
Reliance Communications submarine cable arm Global Cloud Xchange on Friday announced that it has raised about Rs 2,100 crore ($350 million) through a debt bond from overseas market mainly to refinance debt.
Thursday July 24, 2014
"We take our board succession extremely seriously and discuss this topic with our shareholders on a regular basis," the Standard Chartered statement said. "We will ensure orderly succession takes place at the appropriate times, and only in a responsi...
Sunday July 13, 2014
The first Budget of the Narendra Modi government hiked foreign direct investment limit in insurance and defence sectors to 49 per cent from 26 per cent.
Monday July 7, 2014
SPGVL, a subsidiary of Sterlite, focused on the development and operations of power transmission projects, will issue convertible securities to Standard Chartered Private Equity for a minority share, it said.
Monday June 30, 2014
French bank BNP Paribas has agreed to pay US authorities a fine of $8.9 billion to avoid being tried in court for dealing with US-blacklisted countries, sources close to the matter told AFP.