Stanchart
Recent Highlights
All Stories for Stanchart
Standard Chartered Bank moves NCLT against CoC selecting ArcelorMittal for Essar Steel
•Standard Chartered Bank claimed that ArcelorMittal's revised bid of Rs 42,000 crore was never considered by the CoC.
Barclays not exploring potential merger with rival banks including Standard Chartered, say sources
•Barclays Plc is not exploring a merger with other banks, sources said, dismissing a report that said Barclays was considering a deal with Standard Chartered
DSP Group to buy out BlackRock stake in JV; another foreign player exits Indian mutual fund space
•DSP Group owns 60 percent stake in the JV while the remaining 40 percent is with BlackRock Inc.
StanChart To Bank On iPhone
Fp Archives •Looking at Standard Chartered Bank's initiative to equip employees with iPhones to deliver banking services more efficiently.
In major restructuring, StanChart to axe 15,000 jobs and raise $5.1 bn
Fp Archives •The restructuring will cost $3 billion and Winters said he also plans to invest more than $1 billion over three years to improve its retail and private banking business
Foreign firms in India hit by rupee fall, but CAD is peaking
Sourav •Experts feel the CAD may actually come down in FY13 as rupee rises and oil prices moderate going forward
Cobrapost expose: StanChart, HSBC officials offering lockers for black money?
Fp Staff •The latest sting operation by the online magazine exposes how some employees in two foreign banks in India have also been involved in accepting black money and agreeing to launder it.
Stanchart fiasco shows that IDR is a flawed idea
Jagannathan •The fall in the Standard Chartered IDR after Sebi rejected the idea of allowing investors to convert IDRs back to shares shows that the Indian appetite for foreign shares is small. Only FIIs were feeding at the IDR trough - for a free lunch.
Finmin, RBI scrutinising HSBC and StanChart bank
Fp Archives •he Government today said the Reserve Bank is scrutinising the "systems" of HSBC Bank and Standard Chartered Bank related with anti-money laundering (AML) and KYC norms
Deutsche Bank named in US money-laundering probe too
Fp Archives •After Standard Chartered Bank and HSBC, US agencies are investigating dealings of Deutsche Bank and many other global banks over accusations of funnelling billions of dollars for sanctioned nations like Iran and Sudan