Peter Sands

Britain`s Standard Chartered bank says CEO to depart

The chief executive of Asia-focused bank Standard Chartered will step down in June, the company said Thursday, following poor results, job cuts and fines for failing to detect possible money-laundering.

Feb 26, 2015, 18:09 PM IST

Britain`s Standard Chartered bank says CEO to step down

Asia-focused British bank Standard Chartered`s chief executive will step down in June, the company said on Thursday, following poor results, job cuts and fines for failing to detect possible money-laundering.

Feb 26, 2015, 14:24 PM IST

StanChart Q3 profit tumbles, an extra $400 mn in cost cuts eyed

Standard Chartered Plc said operating profit for the third quarter fell 16 percent, hurt by rising costs from the restructuring of its South Korean business and a doubling of impaired loans.

Oct 28, 2014, 10:55 AM IST

Standard Chartered warns of 20% H1 profit dip

The London-based lender said stronger income from regions such as China and Africa was offset by weaker performance in India, South Korea and Singapore.

Jun 26, 2014, 18:31 PM IST