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Stock Market & Financial Investment News

News Breaks
February 11, 2013
06:07 EDTSCBFFStandard Chartered planning move into Iraq, Telegraph reports
Standard Chartered (SCBFF) is planning a major move into Iraq and will apply to Iraqi regulators for permission to open three business branches in Baghdad, Basra and Erbil, the Telegraph reports. The move comes as oil majors and development companies from Asia demand greater financial services support in the country. Reference Link
News For SCBFF From The Last 14 Days
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July 2, 2015
12:22 EDTSCBFFBrazil investigates banks for exchange rate manipulation
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June 25, 2015
05:53 EDTSCBFFStandard Chartered CEO to shift power to regional hubs, Financial Times reports
Standard Chartered CEO Bill Winters is planning a structural overhaul to shift capital and power to new regional hubs, reports the Financial Times. According to people familiar with the situation, Winters has decided the company is ripe for simplification and streamlining. Winters is expected to hand over power to a handful of regional subsidiaries in key markets, such as Hong Kong, Singapore, India, the UAE and Africa. Reference Link

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