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Standard Chartered to Hire 1,000 More Staff in Africa
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.
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June Quarter GDP Growth Likely to Rebound to 6 Per Cent: StanChart
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.
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Profit Top 10: Markets, rupee tank on global cues; Earnings season to start
If you missed our coverage, here are the top 10 stories of the day.
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Iran accusations wipe $15 bn off StanChart shares
Shares in the Asia-focused bank were down 21 per cent early Tuesday morning, their lowest in three years, taking their losses to 27 per cent since the news surfaced just before Monday's close. The bank, which has been in talks with US authorities for years over the matter, had exposed the US banking system to terrorists, drug traffickers and corrup...
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StanChart to Take $900 Million Charge Over U.S., U.K. Probes
UK’s Financial Conduct Authority plans to impose a penalty of $133 million , Standard Chartered said.
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Barclays Investors Pour Cold Water on Potential StanChart Deal
Barclays investors are dubious about the benefits of any potential merger with Standard Chartered.
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Standard Chartered To Cut 10% Of Corporate, Institutional Banking Staff: Report
Standard Chartered is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct knowledge of the matter told Reuters, as the bank keeps up an aggressive drive to cut costs.
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ICICI, Axis, StanChart Get Back $2.5 Billion Of Essar Loans
Within days of Essar Group signing a mega $12.9-billion asset sale in its oil business, three top lenders -- ICICI Bank, Axis Bank and StanChart -- have got back an estimated $2.5 billion as part of the first payment for their debt exposure to the Ruias-led conglomerate.
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StanChart Sees Further Cuts To Bad Loan Provisions In China, India
Standard Chartered expects to further cut provisions for bad loans in its key markets of China and India, and is also looking to lower exposure to the heavy industry sector, the bank's Greater China and North Asia chief said on Thursday.
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Normal Monsoon Key To India's Continuing Recovery: StanChart
A normal monsoon is critical to India's continuing recovery, as a rise in agricultural growth could add 30-45 basis points of growth to GDP, says a report by Standard Chartered.
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StanChart Profit Rebound Lifts Shares As CEO Flags Progress
Standard Chartered posted stronger-than-expected first quarter results and said restructuring costs were in line with its plans, lifting its shares by 10 per cent on Tuesday.
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StanChart May Claw Back Bonuses After Slumping To First Loss In 26 Years
The bank fell to a headline pretax loss of $1.5 billion after accounting for costs from redundancies and impairments on bad loans.
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StanChart Posts First Loss in 26 Years On India Business
Standard Chartered India, the country's largest foreign bank by branches, today reported a whopping $981 million in pre-tax losses in 2015 as its bad loans soared over eight-fold to $1.34 billion from $173 million in 2014.
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Standard Chartered Profit Plunges to Lowest Since 1998
Profits at Standard Chartered plunged 84 per cent last year, its worst result since 1998, sending the bank's shares down as much as 10 per cent on Tuesday as volatile markets, weak commodity prices and low interest rates took their toll.
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Nitin Kapadia Appointed Head of StanChart Securities India
Standard Chartered Securities India on Saturday announced the appointment of capital market veteran Nitin Kapadia as its head and executive director.
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Standard Chartered to Hire 1,000 More Staff in Africa
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.
-
June Quarter GDP Growth Likely to Rebound to 6 Per Cent: StanChart
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.
-
Profit Top 10: Markets, rupee tank on global cues; Earnings season to start
If you missed our coverage, here are the top 10 stories of the day.
-
Iran accusations wipe $15 bn off StanChart shares
Shares in the Asia-focused bank were down 21 per cent early Tuesday morning, their lowest in three years, taking their losses to 27 per cent since the news surfaced just before Monday's close. The bank, which has been in talks with US authorities for years over the matter, had exposed the US banking system to terrorists, drug traffickers and corrup...
-
StanChart to Take $900 Million Charge Over U.S., U.K. Probes
UK’s Financial Conduct Authority plans to impose a penalty of $133 million , Standard Chartered said.
-
Barclays Investors Pour Cold Water on Potential StanChart Deal
Barclays investors are dubious about the benefits of any potential merger with Standard Chartered.
-
Standard Chartered To Cut 10% Of Corporate, Institutional Banking Staff: Report
Standard Chartered is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct knowledge of the matter told Reuters, as the bank keeps up an aggressive drive to cut costs.
-
ICICI, Axis, StanChart Get Back $2.5 Billion Of Essar Loans
Within days of Essar Group signing a mega $12.9-billion asset sale in its oil business, three top lenders -- ICICI Bank, Axis Bank and StanChart -- have got back an estimated $2.5 billion as part of the first payment for their debt exposure to the Ruias-led conglomerate.
-
StanChart Sees Further Cuts To Bad Loan Provisions In China, India
Standard Chartered expects to further cut provisions for bad loans in its key markets of China and India, and is also looking to lower exposure to the heavy industry sector, the bank's Greater China and North Asia chief said on Thursday.
-
Normal Monsoon Key To India's Continuing Recovery: StanChart
A normal monsoon is critical to India's continuing recovery, as a rise in agricultural growth could add 30-45 basis points of growth to GDP, says a report by Standard Chartered.
-
StanChart Profit Rebound Lifts Shares As CEO Flags Progress
Standard Chartered posted stronger-than-expected first quarter results and said restructuring costs were in line with its plans, lifting its shares by 10 per cent on Tuesday.
-
StanChart May Claw Back Bonuses After Slumping To First Loss In 26 Years
The bank fell to a headline pretax loss of $1.5 billion after accounting for costs from redundancies and impairments on bad loans.
-
StanChart Posts First Loss in 26 Years On India Business
Standard Chartered India, the country's largest foreign bank by branches, today reported a whopping $981 million in pre-tax losses in 2015 as its bad loans soared over eight-fold to $1.34 billion from $173 million in 2014.
-
Standard Chartered Profit Plunges to Lowest Since 1998
Profits at Standard Chartered plunged 84 per cent last year, its worst result since 1998, sending the bank's shares down as much as 10 per cent on Tuesday as volatile markets, weak commodity prices and low interest rates took their toll.
-
Nitin Kapadia Appointed Head of StanChart Securities India
Standard Chartered Securities India on Saturday announced the appointment of capital market veteran Nitin Kapadia as its head and executive director.
