Standard Chartered Plc

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28m
Swissinfo
Currency Probe by U.S. Said to Expand to Russia, Brazil Trades(Bloomberg) -- U.S. prosecutors have expanded their probe of currency-market ma
Currency Probe by U.S. Said to Expand to Russia, Brazil Trades
Swissinfo / Posted 28 minutes ago
(Bloomberg) -- U.S. prosecutors have expanded their probe of currency-market manipulation by some of the world’s largest banks to include the Russian ruble and Brazilian real, according to two people familiar with the matter. The Justice Department... Read more
2d
New Zimbabwe
Stanchart profit plummets 85pctGLOBAL banking group Standard Chartered Plc’s Zimbabwean unit reported pre-tax
Stanchart profit plummets 85pct
New Zimbabwe / Posted 2 days ago
GLOBAL banking group Standard Chartered Plc’s Zimbabwean unit reported pre-tax profit of $1,2 million in the six months to June 2015, a decrease of 85 percent from a profit of $8,1 million a year earlier. “The net impairment charge was $2,8 million... Read more
5d
International Business Times
Market round-up: FTSE 100 not out of the woods, falls on low investor confidence The FTSE sank Wednesday after making a slight recovery from losing £74bn ($114.
Market round-up: FTSE 100 not out of the woods, falls on low investor confidence
International Business Times / Posted 5 days ago
The FTSE sank Wednesday after making a slight recovery from losing £74bn ($114.5bn) in value in a single day of trading Monday. Fears remain over China's economic slowdown after bargain hunters tried to scoop up deals Tuesday. "China's interest rate... Read more
5d
Reuters UK Edition
China firm baulks at $8.8 billion price tag for BOC bank unit saleSINGAPORE/HONG KONG Chinese investment firm Yue Xiu has effectively pulled out
China firm baulks at $8.8 billion price tag for BOC bank unit sale
Reuters UK Edition / Posted 5 days ago
SINGAPORE/HONG KONG Chinese investment firm Yue Xiu has effectively pulled out of a deal to buy a unit of lender BOC Hong Kong Holdings Ltd (2388.HK), put off by the $8.8 billion asking price amid a sharp stock market downturn, people with knowledge... Read more
5d
Reuters
China firm baulks at $8.8 billion price tag for BOC bank unit saleSINGAPORE/HONG KONG Chinese investment firm Yue Xiu has effectively pulled out
China firm baulks at $8.8 billion price tag for BOC bank unit sale
Reuters / Posted 5 days ago
SINGAPORE/HONG KONG Chinese investment firm Yue Xiu has effectively pulled out of a deal to buy a unit of lender BOC Hong Kong Holdings Ltd (2388.HK), put off by the $8.8 billion asking price amid a sharp stock market downturn, people with knowledge... Read more
6d
Crain's New York Business
U.S. stocks bounce back after dismal MondayTraders on the floor of the New York Stock Exchange as stocks rebounded Tuesday
U.S. stocks bounce back after dismal Monday
Crain's New York Business / Posted 6 days ago
Traders on the floor of the New York Stock Exchange as stocks rebounded Tuesday. Risk appetite made a comeback following the selloff on Monday that erased $2.7 trillion from the value of global equities. Stocks, commodities and emerging-market... Read more
47 related stories
6d
Providence Business News
Stocks rebound with U.S. futures, oil as risk appetite returnsLONDON - Risk appetite made a comeback following the selloff on Monday that era
Stocks rebound with U.S. futures, oil as risk appetite returns
Providence Business News / Posted 6 days ago
LONDON - Risk appetite made a comeback following the selloff on Monday that erased $2.7 trillion from the value of global equities. Stocks, commodities and emerging-market currencies extended gains after China cut interest rates. European shares... Read more
1186 related stories
10d
International Business Times
Market round-up: China and Greek woes combine to give FTSE 100 worst day of 2015 The FTSE 100 entrenched its downward slide on 21 August with its worst week of
Market round-up: China and Greek woes combine to give FTSE 100 worst day of 2015
International Business Times / Posted 10 days ago
The FTSE 100 entrenched its downward slide on 21 August with its worst week of 2015. The resignation announcement from Greek prime minister Alexis Tsipras and his call for new elections late on 20 August, combined with low Chinese manufacturing... Read more
10d
Business Standard India
China edges closer to IMF seal of approval with Yuan moveThe yuan's surprise devaluation roiled global markets and drew scorn from Donal
China edges closer to IMF seal of approval with Yuan move
Business Standard India / Posted 10 days ago
The yuan's surprise devaluation roiled global markets and drew scorn from Donald Trump. Still, China's new market-driven exchange rate bolstered its bid to join the world's most elite currency... Read more
15 related stories
11d
Reuters UK Edition
Standard Chartered PE arm invests in China's online lender Dianrong.comSHANGHAI A consortium partly led by the private equity arm of Standard Chartere
Standard Chartered PE arm invests in China's online lender Dianrong.com
Reuters UK Edition / Posted 11 days ago
SHANGHAI A consortium partly led by the private equity arm of Standard Chartered PLC has invested $207 million in China's Dianrong.com, the peer-to-peer online lender said on Thursday, the latest international investor to take a fancy to the... Read more
2 related stories
11d
Reuters UK Edition
Standard Chartered PE arm invests in China's online lender Dianrong.comA woman walks past a Standard Chartered bank in London October 13, 2010. SHANG
Standard Chartered PE arm invests in China's online lender Dianrong.com
Reuters UK Edition / Posted 11 days ago
A woman walks past a Standard Chartered bank in London October 13, 2010. SHANGHAI A consortium partly led by the private equity arm of Standard Chartered PLC has invested $207 million in China's Dianrong.com, the peer-to-peer online lender said on... Read more
2 related stories
11d
Reuters
Standard Chartered PE arm invests in China's online lender Dianrong.comSHANGHAI A consortium partly led by the private equity arm of Standard Chartere
Standard Chartered PE arm invests in China's online lender Dianrong.com
Reuters / Posted 11 days ago
SHANGHAI A consortium partly led by the private equity arm of Standard Chartered PLC has invested $207 million in China's Dianrong.com, the peer-to-peer online lender said on Thursday, the latest international investor to take a fancy to the... Read more
2 related stories
12d
Market Watch
J.P. Morgan Chase said to be near $150 million SEC settlementJ.P. Morgan Chase & Co. will soon settle allegations it inappropriately steered
J.P. Morgan Chase said to be near $150 million SEC settlement
Market Watch / Posted 12 days ago
J.P. Morgan Chase & Co. will soon settle allegations it inappropriately steered private-banking clients to its own investment products without proper disclosures, according to the Wall Street Journal on Tuesday. The settlement with the Securities and... Read more
12d
Zero Hedge
August 19Overnight Media Digest - The sudden devaluation of the yuan is proving catacly
August 19
Zero Hedge / Posted 12 days ago
Overnight Media Digest - The sudden devaluation of the yuan is proving cataclysmic for investors who watched the currency climb for a decade and made bets that depended on it holding stead. (http://on.wsj.com/1gVQY3s) - U.S. airlines are producing... Read more
3 related stories
13d
Digi Times
China's Yuan Move Could Reignite Asian Currency WarsChina’s surprise devaluation of the yuan couldn’t have come at a worse time for
China's Yuan Move Could Reignite Asian Currency Wars
Digi Times / Posted 13 days ago
China’s surprise devaluation of the yuan couldn’t have come at a worse time for some Asian currencies. A measure of the region’s 10 most-traded currencies excluding the yen is set to decline for a third year, its longest losing streak since 1997,... Read more
10 related stories
13d
International Business Times
Market round-up: Glencore takes a beating on FTSE 100 amid commodities price erosion The FTSE 100 barely budged from its depressed position at the end of last week
Market round-up: Glencore takes a beating on FTSE 100 amid commodities price erosion
International Business Times / Posted 13 days ago
The FTSE 100 barely budged from its depressed position at the end of last week and continued to indicate a downward trend as investors found little to be optimistic about. Again Glencore topped the list of the day's fallers on 17 August as -1.65% was... Read more
14d
Market Watch
Berkshire’s Business Wire defends company after cyberhackBusiness Wire, a subsidiary of Warren Buffett’s Berkshire Hathaway BRK.A, -0.18
Berkshire’s Business Wire defends company after cyberhack
Market Watch / Posted 14 days ago
Business Wire, a subsidiary of Warren Buffett’s Berkshire Hathaway BRK.A, -0.18% , sought to reassure clients, Bloomberg reported, after the announcement last week of indictments and charges against 32 hackers and traders who stole company earnings... Read more
14d
Arkansas Democrat-Gazette
Indians losing jobs to automationIn a sweltering factory in southern India, Royal Enfield motorcycles are being
Indians losing jobs to automation
Arkansas Democrat-Gazette / Posted 14 days ago
In a sweltering factory in southern India, Royal Enfield motorcycles are being painted and lacquered by giant robotic arms that move at twice the maximum speed of a human limb, day in, day out, never making a mistake. Only a few workers are still... Read more
16d
Calcutta News
$2 bn settlement with nine banks in forex rigging scam WASHINGTON - Nine major banks charged with rigging foreign exchange rates hav
$2 bn settlement with nine banks in forex rigging scam
Calcutta News / Posted 16 days ago
WASHINGTON - Nine major banks charged with rigging foreign exchange rates have agreed to pay $2 billion in settlements to US investors, according to lawyers representing the investors The nine... Read more
18 related stories
17d
Providence Business News
RBS joins BofA in $2B foreign exchange-fix settlementNEW YORK - HSBC Holdings PLC, Barclays PLC and three other banks agreed to sett
RBS joins BofA in $2B foreign exchange-fix settlement
Providence Business News / Posted 17 days ago
NEW YORK - HSBC Holdings PLC, Barclays PLC and three other banks agreed to settle U.S. investor lawsuits tied to the currency-rigging scandal, bringing the total so far to more than $2 billion across nine firms. Goldman Sachs Group Inc., BNP Paribas... Read more
18 related stories
17d
The Star
Standard Chartered says back office operations near Tianjin blast site suspendedBEIJING (Reuters) - Standard Chartered PLC said on Friday its back office opera
Standard Chartered says back office operations near Tianjin blast site suspended
The Star / Posted 17 days ago
BEIJING (Reuters) - Standard Chartered PLC said on Friday its back office operations located near the site of two huge explosions that killed over 50 people in China's northeastern city of Tianjin have been suspended. In an email sent to Reuters on... Read more
17d
Business Wire
Scott+Scott Announces Five Additional Settlements Totaling More Than $2 Billion in FX LitigationNEW YORK--(BUSINESS WIRE)--Scott+Scott, Attorneys at Law, LLP announces that it
Scott+Scott Announces Five Additional Settlements Totaling More Than $2 Billion in FX Litigation
Business Wire / Posted 17 days ago
NEW YORK--(BUSINESS WIRE)--Scott+Scott, Attorneys at Law, LLP announces that it has entered into five additional settlements totaling more than $2 billion in In re Foreign Exchange Benchmark Rates Antitrust Litigation, Case No. 1:13-cv-7789... Read more
17d
Business Standard India
Yuan drop slows as PBoC intervention threat ends sellingThe People's Bank of China intervened to support the currency in mainland tradi
Yuan drop slows as PBoC intervention threat ends selling
Business Standard India / Posted 17 days ago
The People's Bank of China intervened to support the currency in mainland trading on Wednesday, according to people familiar with the matterYuan declines eased after the central bank signaled... Read more
805 related stories
18d
The Register NorthJersey.com
World economy risks losing yuan anchor as China turns to marketsBEIJING — For about two decades China's yuan was an anchor of stability for the
World economy risks losing yuan anchor as China turns to markets
The Register NorthJersey.com / Posted 18 days ago
BEIJING — For about two decades China's yuan was an anchor of stability for the global economy, helping it navigate Asian and global crises by holding steady even as other currencies slid. That era appears to be over. The yuan recorded its steepest... Read more
805 related stories
18d
The Malaysian Insider
Malaysia’s growth cools as pressure builds to boost confidence Published: 13 August 2015 12:53 PM According to Bank Negara Malaysia, the ri
Malaysia’s growth cools as pressure builds to boost confidence
The Malaysian Insider / Posted 18 days ago
Published: 13 August 2015 12:53 PM According to Bank Negara Malaysia, the ringgit’s depreciation is manageable and the economy will remain on a steady growth path. – The Malaysian... Read more
7 related stories
19d
Manila Bulletin
China’s devaluation shock seen rekindling currency wars in Asia China’s surprise devaluation of the yuan couldn’t have come at a worse time f
China’s devaluation shock seen rekindling currency wars in Asia
Manila Bulletin / Posted 19 days ago
China’s surprise devaluation of the yuan couldn’t have come at a worse time for some Asian currencies. A measure of the region’s 10 most-traded currencies excluding the yen is set to... Read more
805 related stories
19d
Bangkok Post - Thailand's English news
Yuan devaluation seen reigniting currency wars in AsiaSINGAPORE — China’s surprise devaluation of the yuan couldn’t have come at a wo
Yuan devaluation seen reigniting currency wars in Asia
Bangkok Post - Thailand's English news / Posted 19 days ago
SINGAPORE — China’s surprise devaluation of the yuan couldn’t have come at a worse time for some Asian currencies. A measure of the region’s 10 most-traded currencies excluding the yen is set to decline for a third year, its longest losing streak... Read more
805 related stories
21d
AllAfrica.com
Weak Shilling - Kenya Goes for Affordable Option to Pay Off External DebtsKenya is considering entering into contracts with both local and foreign banks
Weak Shilling - Kenya Goes for Affordable Option to Pay Off External Debts
AllAfrica.com / Posted 21 days ago
Kenya is considering entering into contracts with both local and foreign banks to buy dollars at agreed prices in order to pay its external debts in the wake of a weakening shilling and higher interest rates. National Treasury Cabinet Secretary... Read more
21d
Brisbane Times
Aussie devaluation fails Economics 101 as export income slidesOf the ten companies facing revenue drops of about 20 per cent or more, three a
Aussie devaluation fails Economics 101 as export income slides
Brisbane Times / Posted 21 days ago
Of the ten companies facing revenue drops of about 20 per cent or more, three are resources companies and four provide services to the sector. It's one of the first rules of economics: make a product cheaper, and people will buy more. Things aren't... Read more
4 related stories
21d
WA Today
Aussie devaluation fails Economics 101 as export income slidesOf the ten companies facing revenue drops of about 20 per cent or more, three a
Aussie devaluation fails Economics 101 as export income slides
WA Today / Posted 21 days ago
Of the ten companies facing revenue drops of about 20 per cent or more, three are resources companies and four provide services to the sector. It's one of the first rules of economics: make a product cheaper, and people will buy more. Things aren't... Read more
4 related stories
21d
The Age
Aussie devaluation fails Economics 101 as export income slidesOf the ten companies facing revenue drops of about 20 per cent or more, three a
Aussie devaluation fails Economics 101 as export income slides
The Age / Posted 21 days ago
Of the ten companies facing revenue drops of about 20 per cent or more, three are resources companies and four provide services to the sector. It's one of the first rules of economics: make a product cheaper, and people will buy more. Things aren't... Read more
4 related stories
21d
Sydney Morning Herald
Aussie devaluation fails Economics 101 as export income slidesOf the ten companies facing revenue drops of about 20 per cent or more, three a
Aussie devaluation fails Economics 101 as export income slides
Sydney Morning Herald / Posted 21 days ago
Of the ten companies facing revenue drops of about 20 per cent or more, three are resources companies and four provide services to the sector. It's one of the first rules of economics: make a product cheaper, and people will buy more. Things aren't... Read more
4 related stories
21d
Canberra Times
Aussie devaluation fails Economics 101 as export income slidesOf the ten companies facing revenue drops of about 20 per cent or more, three a
Aussie devaluation fails Economics 101 as export income slides
Canberra Times / Posted 21 days ago
Of the ten companies facing revenue drops of about 20 per cent or more, three are resources companies and four provide services to the sector. It's one of the first rules of economics: make a product cheaper, and people will buy more. Things aren't... Read more
4 related stories
24d
Business Standard India
As Indians get richer, Sebi to keep eye on offshore wealth managersIndia's government is cracking down on tax evasion as a means of boosting reven
As Indians get richer, Sebi to keep eye on offshore wealth managers
Business Standard India / Posted 24 days ago
India's government is cracking down on tax evasion as a means of boosting revenues, and in October said the state was prosecuting several individuals on suspicion of having undeclared assets outside the country. In a significant new move by Prime... Read more
24d
asianage
Foreign funds under scannerSEBI asks foreign funds to set up office to prevent creation of black money Se
Foreign funds under scanner
asianage / Posted 24 days ago
SEBI asks foreign funds to set up office to prevent creation of black money Seeking to root out black money, India’s market regulator has sent letters to some large wealth managers operating out of low-tax centres like Hong Kong and Singapore to try... Read more
26d
Zero Hedge
Futures Rebound On Ongoing Dollar Strength; Commodities Rise, China Slides, Greek Banks Continue PlungingIn many ways the overnight session has been a mirror image of yesterday, with t
Futures Rebound On Ongoing Dollar Strength; Commodities Rise, China Slides, Greek Banks Continue Plunging
Zero Hedge / Posted 26 days ago
In many ways the overnight session has been a mirror image of yesterday, with the dollar accelerating its Lockhart-commentary driven rise, which curiously has pushed ES higher perhaps as a result of more USDJPY correlation algos being active and... Read more
26d
Business Spectator
StanChart posts sharp fall in H1 profitStandard Chartered PLC on Wednesday said it would halve its dividend to save ca
StanChart posts sharp fall in H1 profit
Business Spectator / Posted 26 days ago
Standard Chartered PLC on Wednesday said it would halve its dividend to save capital as it posted a sharp fall in first-half net profit, underlining the challenge faced by new Chief Executive Bill Winters to get the bank back on track. Net profit in... Read more
2 related stories
26d
Market Watch
Standard Chartered halves dividend as profit fallsLONDON-- Standard Chartered PLC on Wednesday said it would halve its dividend t
Standard Chartered halves dividend as profit falls
Market Watch / Posted 26 days ago
LONDON-- Standard Chartered PLC on Wednesday said it would halve its dividend to save capital as it posted a sharp fall in first-half net profit, underlining the challenge faced by new Chief Executive Bill Winters to get the bank back on track. Net... Read more
2 related stories
26d
The Courier Mail
StanChart posts sharp fall in H1 profit Standard Chartered PLC on Wednesday said it would halve its dividend to save
StanChart posts sharp fall in H1 profit
The Courier Mail / Posted 26 days ago
Standard Chartered PLC on Wednesday said it would halve its dividend to save capital as it posted a sharp fall in first-half net profit, underlining the challenge faced by new Chief Executive Bill Winters to... Read more
2 related stories
26d
Market Watch
Standard Chartered names Mark Smith as risk chiefLONDON--Standard Chartered Bank, a subsidiary of Standard Chartered PLC (STAN.L
Standard Chartered names Mark Smith as risk chief
Market Watch / Posted 26 days ago
LONDON--Standard Chartered Bank, a subsidiary of Standard Chartered PLC (STAN.LON), said Wednesday it has appointed Mark Smith, 53, as its new group chief risk officer. Mr. Smith will join the Bank in January 2016, and will be based in London,... Read more
26d
International Business Times
UK construction numbers push FTSE 100 downWorse-than-expected UK construction data pushed the FTSE 100 down on 4 August w
UK construction numbers push FTSE 100 down
International Business Times / Posted 26 days ago
Worse-than-expected UK construction data pushed the FTSE 100 down on 4 August while another sharp fall in Greek shares also made investors wary. "Lower weather claims helped Direct Line improve its profitability in the first half of the year and... Read more
28d
Market Watch
New York regulator cuts off Promontory Financial from consulting to banksThe financial district near the New York Stock Exchange. The New York Departme
New York regulator cuts off Promontory Financial from consulting to banks
Market Watch / Posted 28 days ago
The financial district near the New York Stock Exchange. The New York Department of Financial Services has cut off bank consultant Promontory Financial Group LLC from obtaining confidential supervisory information until further notice after an... Read more
m
The Globe and Mail
Restoring trust in banking system ‘economic imperative,’ top group saysAn influential group of leaders in international finance says that the world’s
Restoring trust in banking system ‘economic imperative,’ top group says
The Globe and Mail / Posted 1 months ago
An influential group of leaders in international finance says that the world’s largest banks have a lot of work to do if they want to restore public trust, years after the financial crisis redefined a number of institutions as reckless risk takers... Read more

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