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Stock Market & Financial Investment News

News Breaks
January 14, 2014
08:16 EDTSCBFFStandard Chartered shakes up Asian management, WSJ reports
Standard Chartered continues to make management changes, this time it's with its Asian leadership, reports the Wall Street Journal. Ajay Chamanlal Kanwal will become the bank's new country head for South Korea in late March, replacing Richard Hill, sources say. Kanwal is currently Standard Chartered's country head for Taiwan. Hill will lead Bank Permata, the Indonesian affiliate of Standard Chartered, sources add.Reference Link
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August 26, 2014
09:34 EDTSCBFFStandard Chartered aims to sell portion of UAE division, Reuters says
Standard Chartered is looking to sell a portion of its division in the United Arab Emirates after it decided to shut-down some accounts there in accordance with an anti-money laundering agreement with U.S. authorities, according to Reuters, citing two sources familiar with the plan. Reference Link
August 20, 2014
06:10 EDTSCBFFStandard Chartered pay up to $300M to settle allegations with New York DFS
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