Standard Chartered

  • Why vote on account won't move market needle 15-02-2014 08:51 PM

    The big cue investors will watch out for on Monday is the vote on account, though many market experts believe that it is likely to be a non-event for the stock market, reports CNBC-TV18. Here's why brokerages sees it as a non-event: ICICI Securities: There are no major expectations from...
  • Standard Chartered renews sponsorship with Liverpool 19-07-2013 01:40 PM

    New Delhi: Liverpool Football Club and Standard Chartered Bank on Thursday announced a two-year extension to their main sponsor agreement. The bank signed up as the club's main sponsor in July 2010 appearing on the front of the 'Reds' shirt for the last three seasons. The partnership has now been...
  • Swiss bank UBS to exit banking business in India: Source 22-06-2013 06:47 PM

    Mumbai: Swiss bank UBS AG will surrender its Indian banking license and close its banking unit, covering fixed income, forex operations and credit services, a source with direct knowledge of the matter said on Saturday. However, UBS will continue its corporate client service business, which includes mergers and acquisitions, equities...
  • Is the violation of banking norms far more widespread than believed? 18-06-2013 11:32 PM

    After the Reserve Bank of India (RBI) fined ICICI, HDFC and Axis banks for flouting customer norms, highlighted by a Cobrapost expose, the latest sting operation by the online magazine exposes how some employees in two foreign banks in India have also been involved in accepting black money and agreeing...
  • StanChart, HSBC officials caught on camera offering to launder money 18-06-2013 10:00 PM

    New Delhi: After the Reserve Bank of India (RBI) fined ICICI, HDFC and Axis banks for flouting customer norms, highlighted by a Cobrapost expose, the latest sting operation by the online magazine exposes how some employees in two foreign banks in India have also been involved in accepting black money...
  • Morgan Stanley to sell Indian wealth management unit 20-05-2013 02:44 PM

    Mumbai: Morgan Stanley said on Monday it has signed an agreement to sell its Indian wealth management unit to Standard Chartered. Financial terms of the deal were not disclosed. "Morgan Stanley will work closely with Standard Chartered over the coming months to ensure a smooth transfer of our wealth management...
  • HSBC may cut 14,000 more jobs as revenue faces pressure 15-05-2013 08:10 PM

    London: HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs, but Europe's largest bank was forced to soften a key performance target in the face of muted revenue. London-headquartered HSBC is seeking up to $3 billion in additional annual savings by 2016, on top of $4 billion...
  • Banks see 25 bps spike on Tuesday 22-07-2011 09:51 PM

    Mumbai: Leading lenders Standard Chartered and HDFC Bank on Friday said they expect the Reserve Bank to hike its short-term lending rate by 25 basis points in the forthcoming monetary policy, a view echoed in an RBS survey of money market participants. "We see a 25 bps increase in the...
  • Aircel-Maxis: CBI quizzes Stan Chart officials 13-07-2011 05:47 PM

    New Delhi: CBI on Wednesday sought clarifications from Standard Chartered Bank officials in connection with its probe into former Aircel chief C Sivasankaran's allegations that the then Telecom Minister Dayanidhi Maran forced him to sell his company to Malaysia-based Maxis group in 2006. The agency has registered a preliminary enquiry...
  • Watch: Mumbai Marathon gets a huge response 18-01-2010 11:38 AM

    Thousands of Mumbaikars turned out to participate in marathon. ...
  • IDFC buys StanChart asset management business 07-03-2008 11:33 PM

    Karachi: A constitutional crisis has developed in Pakistan cricket after the government failed to notify the appointment of a new PCB Chairman despite the completion of incumbent Ijaz Butt's three-year term. Legal experts, former PCB chairmen and ex-players voiced concern over the fact that Butt was still continuing to function...