Bitcoin price to reach $100,000 soon, $175,000 thereafter, says bank
A new cryptocurrency research team at Standard Chartered has predicted bitcoin will double in value and hit $100,000 by early next year.
Sep 10, 2021, 17:27 PM IST
GMR Infra settles arbitration with PE investors for 5.86% equity in GAL
Arbitration proceedings were administered by the Singapore International Arbitration Centre.
Oct 08, 2018, 11:36 AM IST
Goldman Sachs, Standard Chartered eye 750 new jobs in Poland
A spokesman for Goldman Sachs said the bank would sharply increase its Polish headcount to between 750 and 800 by the end of next year, up from 525 now.
Dec 05, 2017, 19:05 PM IST
StanChart first-quarter profit doubles to $1 billion as bad loans fall
The bank is attempting to show investors it can return to growth, after a sweeping restructuring under Chief Executive Bill Winters succeeded in cutting costs but also slashed revenues.
Apr 26, 2017, 15:06 PM IST
ICICI Bank, SBI, StanChartered top bank frauds list: RBI
ICICI Bank topped the list of banks that witnessed most number of frauds during April-December period of 2016 with state-owned SBI taking the second spot, RBI data said.
Mar 12, 2017, 13:19 PM IST
Chetan Bhagat demands good execution of demonetisation move, says 'don't use patriotism as excuse for bad operations'
As banks and ATMs on continue to witness chaos, famous novelist Chetan Bhagat on Saturday opined, while demonetisation might be well-intentioned, the poor execution of an idea leads to problems for ordinary citizens.
Nov 12, 2016, 11:45 AM IST
Rare bank robbery highlights complacency in safe Singapore
A rare bank robbery in Singapore has sparked a social media debate on whether the country`s low crime rates made authorities and the population too complacent, questioned bank security and criticised police for not providing details of the incident.
Jul 11, 2016, 12:42 PM IST
Normal monsoon key to India's continuing recovery: Standard Chartered
A normal monsoon is critical to India's continuing recovery, as a rise in agricultural growth could add 30-45 bps to GDP growth, says a Standard Chartered report.
Jul 03, 2016, 16:41 PM IST
Inflation to moderate in second half of FY17: StanChart
The headline inflation rose to 5.4 percent in April, dashing hopes of a rate cut by the RBI. The RBI is targeting to get it down to 5 percent by early 2017.
Jun 06, 2016, 18:42 PM IST
'Good monsoon, consumer spending to see India GDP grow at 7.4% in FY17'
The Indian economy is expected to clock a GDP growth of 7.4 percent this fiscal largely driven by the lagged impact of a good monsoon and increased consumer spending, supported by pay commission awards, a Standard Chartered report said.
May 02, 2016, 13:52 PM IST
Tata Steel appoints StanChart for UK unit sale
Tata Steel Europe said on Monday it had asked Standard Chartered to work as an adviser alongside KPMG to look for interested buyers. The bank has links with Tata Group in India and is expected to be tasked with finding possible suitors in Asia, especially among Chinese steel producers.
Apr 18, 2016, 22:02 PM IST
Tata Steel working with StanChart for UK unit sale
Tata Steel Ltd has hired a team of Standard Chartered Plc bankers to help sell its loss-making UK business amid Britain`s attempt to prevent the closure of one of it`s biggest manufacturing operations, a source familiar with the matter said.
Apr 16, 2016, 16:58 PM IST
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 IST
StanChart axes top bankers in energy M&A team
Standard Chartered plc has axed at least half a dozen oil and gas advisory banking roles in recent weeks, ending an eight-year attempt to build a global energy M&A team, people familiar with the matter told Reuters.
Dec 15, 2015, 11:43 AM IST
Standard Chartered ropes in ICICI Bank's Zarin Daruwala as India CEO
The country's largest foreign lender Standard Chartered Tuesday appointed Zarin Daruwala of ICICI Bank as its new Chief Executive in the place of incumbent Sunil Kaushal who will be elevated as the regional head for Africa and West Asia operations.
Nov 17, 2015, 17:04 PM IST
Yes Bank inks pact with LSE for green funds
Yes Bank on Friday said it has signed a pact with the London Stock Exchange (LSE) for bonds and equity issuance with focus on green infrastructure finance, under which it plans to list up to USD 500 million green bond on the bourse by December next year.
Nov 13, 2015, 22:55 PM IST
StanChart examines if IDR holders can buy into $5.1 bn rights issue
British major Standard Chartered Tuesday said it is examining the legal aspect as to whether Indian Depository Receipt holders of the lender can participate in the USD 5.1 billion rights issue programme.
Nov 03, 2015, 21:21 PM IST
Standard Chartered posts Q2 loss; to cut India exposure, 15,000 jobs globally
"India has faced a slowdown in economic growth since 2012, relative to the higher rates of previous years, combined with high indebtedness in some corporate sectors and lower appetite for refinancing, reducing the success of corporate debt restructuring and distribution efforts," the August 2015 statement said.
Nov 03, 2015, 19:26 PM IST
Standard Chartered axes 15,000 jobs, raises $5.1 bn in capital
The job losses are part of a major restructuring that will cost around USD 3 billion, the bank said.
Nov 03, 2015, 16:22 PM IST
HDFC, Canara Bank, StanChart and others cut lending rate
Country's largest mortgage lender HDFC and four other lenders, including Canara Bank and StanChart, cut their base rates by up to 0.25 percent, a move that will make home, auto and other loans cheaper.
Oct 05, 2015, 22:09 PM IST
