StanChart
StanChart boosts return plan to US$8 billion as profit beats
STANDARD Chartered vowed to return at least US$8 billion to investors by 2026 as it reported better-than-estimated third-quarter earnings on its wealth business and markets trading.The London-headquartered bank said...
StanChart sells India personal loan business to Kotak Mahindra Bank
KOTAK Mahindra Bank will buy Standard Chartered Bank’s personal loan business in India, the Indian lender said on Friday (Oct 18), leaving the UK-based company to focus on its...
Court of Appeal upholds dismissal of Winson’s claim against OCBC and StanChart
THE Court of Appeal has on Wednesday (Aug 21) reaffirmed the High Court’s decision to dismiss Winson Oil Trading’s claim against OCBC and Standard Chartered (StanChart) over a US$60.9...
StanChart cutting about 20 jobs in revamp of lender’s M&A team
STANDARD Chartered is cutting about 20 jobs across places like London and Singapore as the lender restructures its mergers and acquisitions team by absorbing bankers focused on industry coverage,...
StanChart banks on international ties amid demand for cross-border wealth needs: James Lye
INTERNATIONAL banking is increasingly becoming a key driver for Standard Chartered Bank’s (SCB) affluent business, as more clients look for wealth offerings outside of their home jurisdictions, said James...
Time is running out for adaptation finance: StanChart
STANDARD Chartered says the finance industry needs to update its toolbox and steer a lot more capital into protecting critical infrastructure, homes and cities from the fallout of global...
StanChart CEO contender Cooper set to leave in broad overhaul
A FRONT runner to replace Standard Chartered (StanChart) chief executive officer Bill Winters is set to depart as the emerging markets lender pushes through a broader management reshuffle to...
HSBC, StanChart, BofA aim to finance Indonesia coal retirement
HSBC Holdings, Standard Chartered and Bank of America are among the banks seeking to participate in Indonesia’s first early coal retirement deal, a signal that big lenders are increasingly...
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