HSBC announces profit increase, share buyback in signs of turnaround
HSBC won approval last month in China to establish an investment banking joint venture with a state-backed fund, ending a 20-month wait, making it the first such venture in China to be majority-owned by a foreign bank.
Jul 31, 2017, 12:26 PM IST
StanChart seeking buyers for $350 million HK pension business: Sources
Standard Chartered plc is seeking buyers for its Hong Kong pension business valued at about $350 million in a deal that would also involve a 15-year distribution agreement with the new owner, people with knowledge of the matter told Reuters.
May 14, 2015, 08:42 AM IST
StanChart senior executive Shankar quits in latest management change
Shankar has resigned as chief executive of Europe, Middle East, Africa and Americas, and will now look at setting up a private equity firm, Standard Chartered said on Wednesday.
Apr 01, 2015, 18:53 PM IST
StanChart senior exec Shankar quits in latest management change
Shankar has resigned as chief executive of Europe, Middle East, Africa and Americas, and will now look at setting up a private equity firm, Standard Chartered said on Wednesday.
Apr 01, 2015, 15:31 PM IST
StanChart targets wealthier customers in retail bank revamp
Standard Chartered Plc will shift its retail bank`s focus from mass market to affluent customers and urge more clients to go online as part of a broader restructuring, a senior executive told Reuters.
Feb 09, 2015, 14:34 PM IST
StanChart shares tumble to five-year low as profit slumps on bad debts
Asia-focused bank Standard Chartered Plc warned investors that profits would fall in the second half of this year, after quarterly earnings were hit by a surge in bad loans and higher regulation and compliance costs.
Oct 28, 2014, 16:32 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
