Standard Chartered has announced a reorganisation to deliver the strategic and financial aspirations outlined at its Investor Day on 11 November 2013.
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.
South Korea’s financial regulator ordered Citigroup and Standard Chartered’s units to investigate allegations that staff members or contract workers sold client information to private lending agents.
The Bank of England has taken unprecedented action to strip a senior banker of key responsibilities due to concerns over potential conflicts.
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.
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.
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.