Standard Chartered profit plunges to lowest since 1998
Profits at Standard Chartered plunged 84 percent last year, its worst result since 1998, sending the bank`s shares down as much as 10 percent on Tuesday as volatile markets, weak commodity prices and low interest rates took their toll.
Feb 23, 2016, 15:43 PM ISTStar managers battered by rocky ride in yields, currencies
Top money managers and investment strategists have been warning the U.S. Federal Reserve was preparing markets for an interest-rate hiking cycle and that other central banks were embarking on loose policies that would trigger volatility.
May 28, 2015, 11:34 AM IST