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Stock Market & Financial Investment News

News Breaks
July 24, 2014
06:13 EDTSCBFFStandard Chartered chairman weighing CEO succession plan, FT reports
Standard Chartered Chairman John Peace has been urged to conduct an internal and external search for a CEO to replace current CEO Peter Sands, the Financial Times reports. Once a new CEO has been named, Peace may also resign, the sources say. 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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