Standard Chartered said wealthy clients’ confidential information was stolen in Singapore from a printing company, underscoring the vulnerability of global banks to attacks from hackers and thieves.
With a banking heritage spanning more than 150 years, Standard Chartered has developed extensive global reach and a strong position in emerging markets and new trade corridors.
12% to go.
Standard Chartered scaled back its income growth target for the next couple of years on Monday as slower economic growth and tougher regulations bite.
Standard Chartered put one of its most senior foreign-exchange dealers on leave as regulators probe possible manipulation in currency markets, a person with knowledge of the matter said.
It's called 'managing attrition'.
Jim Kenny, formerly co-head of U.S. investment-grade credit trading at Credit Suisss, has left the bank, according to four people briefed on the matter.
Standard Chartered, DBS Group Holdiings, and HSBC have submitted first round bids for Societe Generale's Asian private bank valued at $600m, people involved in the sale told Reuters.
Gerhard Seebacher, co-head of global fixed-income, currency and commodities trading at Bank of America, is leaving after 18 years at the firm, said two people briefed on the matter.
Standard Chartered Bank has announced the appointment of Donna Parks as chief risk officer and regional credit officer for the Americas, based in New York.
Standard Chartered Bank has announced the appointment of Heidi Toribio as managing director and head of the Financial Institutions practice for the Bank in the Americas.
Deloitte partner Daniel Pirron's body was discovered in Trumbull, Connecticut last Monday, next to a rented SUV with out-of-state plates. There was a single gunshot wound to his right temple, according to police. Pirron's family believe that his death is linked to the Standard Chartered money-laundering scandal.
Here he goes again.
It is just a week since the CEO of Standard Chartered, Peter Sands, insisted that Benjamin Lawsky, of the New York Department of Financial Services, was talking utter rubbish. The bank, said Sands, had not concealed $250bn (£160bn) of US sanction-busting transactions with the Iranian government.