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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
News For SCBFF From The Last 14 Days
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February 27, 2015
11:00 EDTSCBFFStandard Chartered incoming CEO expected to make big changes, Reuters reports
Standard Chartered's incoming CEO Bill Winters is expected to make tough decisions to reverse a two-year slump, reports Reuters, reports Reuters. According to some insiders and bankers, there is a mood of "borderline euphoria and excitement" because Winters is expected to tackle the problems head-on rather than argue as predecessor Peter Sands had done. Reference Link
February 26, 2015
06:08 EDTSCBFFStandard Chartered names William Winters as CEO, effective in June
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