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Stock Market & Financial Investment News

News Breaks
August 19, 2014
06:07 EDTSCBFFStandard Chartered in talks to pay up to $300M to settle allegations, FT reports
According to sources, Standard Chartered could announce a settlement with New York’s Department of Financial Services this week, the Financial Times reports. The bank is in talks to pay up to $300M to the regulator to settle claims it did not identify suspicious transactions. The current investigation is a follow-up to the bank's 2012 settlement with the U.S. Reference Link
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September 29, 2014
06:17 EDTSCBFFStandard Chartered Hong Kong temporarily suspends certain branches
Standard Chartered Bank Hong Kong announced that some of the banking services, including over-the-counter services, check deposit service, ATMs and cash and deposit machines, will be temporarily suspended until further notice due to situations in certain areas. The bank has activated its contingency plan to ensure continuous provision of services to customers. Customers who would like to carry out banking transactions during the period please proceed to Standard Chartered branches in other locations. Customers can also perform banking transactions via mobile and online banking. Reference Link
September 23, 2014
07:08 EDTSCBFFStandard Chartered in discussions to sell division to Pepper, Reuters says
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