Search Results : Standard Chartered
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Standard Chartered’s Peace: My Statement ‘Was Wrong’
U.S. regulators are forcing Standard Chartered PLC‘s chairman John Peace to retract some comments he made at a press conference earlier this month. Click to view the full statement from Standard Chartered.
Standard Chartered Chairman Retracts Comments on U.S. Sanction Violations
Bloomberg News
Standard Chartered PLC 's chairman John Peace said in a statement Thursday that he would retract and apologize for inaccurate comments he made earlier this month with regards to the bank's breach of U.S. sanctions.
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China Children’s Wear Draws More Private-Equity Interest
Children’s wear in China continues to attract the attention of private-equity firms. Standard Chartered Private Equity Ltd. on Monday became the latest to announce that it was betting on the sector.
Standard Chartered’s Fine Tally Runs to $667 Million
What started four months ago with surprising allegations from a New York banking regulator of illegal Iran dealings has led U.K. bank Standard Chartered has now created $667 million in fines.
Standard Chartered Appoints New Global Loan Syndications Head
Standard Chartered PLC appointed Cristian Jonsson as its new global head of loan syndications, according to a statement Tuesday.
Standard Chartered Hires Former Barclays Financials Banker Sun
Standard Chartered PLC is boosting its financial institutions investment-banking team by hiring Steven Sun as head of its North Asia Financial Institutions Strategic Coverage group, according to a statement Wednesday.
Leveraged-Finance Syndication Chief Leaves Standard Chartered
Standard Chartered PLC's head of leveraged-finance syndication has left the bank, a spokeswoman said Wednesday. Peter Kay joined Standard Chartered in December 2009 in the newly created position.
Standard Chartered Faces Suit From Victims of 1983 Beirut Bombing
A lawsuit filed against Standard Chartered by survivors and the families of the 241 servicemen killed in the 1983 bombing of a U.S. marine barracks in Beirut, Lebanon, shows the wide-ranging litigation risks that banks are facing amid the recent wave of scandals.
Standard Chartered’s Fine in Perspective
Standard Chartered agreed to pay the largest fine ever collected by a single U.S. regulator. Here is some perspective on its numbers.
Tallying Up U.S. Regulators’ Money-Laundering Fines
Standard Chartered PLC has reached a settlement to pay $340 million to U.S. regulators over money-laundering allegations involving Iranian customers, sending the bank’s shares up 5.4% in Hong Kong on Wednesday morning.
StanChart Confidence Prompts BAML Upgrade
Bank of America Merrill Lynch is making a bold upgrade call on Standard Chartered PLC.
Standard Chartered’s Iran Allegations: Analysts React
Following news that Standard Chartered PLC is being investigated by New York’s top financial regulator for concealing $250 million in illegal transactions relating to Iran in the last decade, the stock has slumped 21% in Hong Kong on Tuesday and 17% upon open in London.
Standard Chartered Slumps in Hong Kong Over Iran Dealings
Standard Chartered fell 7.2% in Hong Kong trading after New York’s top financial regulator accused a unit of the bank of running a “rogue institution” that “schemed” with Iran’s government to hide more than $250 billion in illegal transactions for nearly a decade.
Yuan Business Surges for Standard Chartered
Standard Chartered PLC is riding high after posting an impressive 12% increase in profit in the first half of the year as its European peers suffer. One nugget hidden in the numbers is the Asia-focused lender’s aggressive push into yuan business as China internationalizes its currency.
StanChart Shows Where Developed Market Growth Lies
For a hint at where the growth is in the banking industry in Europe and the U.S., a good place to start might be Standard Chartered PLC’s first-half results.
Standard Chartered Private Equity Invests in Smoothies Korea
Standard Chartered Private Equity Ltd. and a consortium including South Korea's national pension fund will invest $46 million in Smoothies Korea Inc. to fund its acquisition of its franchisor, U.S. beverage chain Smoothie King, according to a statement Monday.
Standard Chartered Posts Single-Digit Income Growth
Standard Chartered Plc on Wednesday said in its first quarter trading update that profit increased by single-digits, below its usual double-digit growth.
Investment Banking at StanChart, HSBC?
Commercial banking giants Standard Chartered PLC and HSBC Holdings PLC don?t like to be thought of as investment banks. With the volatile state of investment banking these days, who can blame them?
Former Merrill Bankers Move to Standard Chartered
Standard Chartered PLC has picked up two former Bank of America Merrill Lynch bankers to boost its equity capital markets business in Hong Kong.
ANZ Hires Carr from StanChart
Australia and New Zealand Banking Group has made a key hire from Standard Chartered PLC as it continues to ramp up in Asia.