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Stock Market & Financial Investment News

News Breaks
January 23, 2014
07:50 EDTSCBFFStandard Chartered CEO dismisses takeover talk, Reuters reports
Standard Chartered CEO Peter Sands says the current takeover talk about the bank is "rubbish" and that its prospects remain strong, reports Reuters. Said he: "The bank is in very good shape, we have great opportunities in our markets, we have a very clear strategy and we have a great team."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
June 18, 2015
07:28 EDTSCBFFLloyds CEO to call on U.K. banks to welcome ringfencing rules, Reuters says
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