StanChart CEO contender Cooper set to leave in broad overhaul
A FRONT runner to replace Standard Chartered (StanChart) chief executive officer Bill Winters is set to depart as the emerging markets lender...
HSBC, StanChart, BOA aim to finance Indonesia coal retirement
HSBC Holdings, Standard Chartered (StanChart) and Bank of America (BOA) are among the banks seeking to participate in Indonesia’s first early coal...
JPMorgan picks HSBC, StanChart to run US$500 billion custody business in Hong Kong, Taiwan
JPMORGAN Chase has selected HSBC and Standard Chartered to operate its custody businesses in Hong Kong and Taiwan, with assets worth more...
A sustainable trade ecosystem is Asean’s best route to building resilience
FOR decades, countries worldwide – and particularly in Asia – have experienced huge rewards from globalisation. Trade has boosted economies and livelihoods...
StanChart suspends new investments from clients via China’s outbound channel
STANDARD Chartered has suspended new investments by its clients in China into offshore products via a quota-based channel, the bank said, amid...
StanChart announces US$1 billion share buyback, dividend hike as 2023 profit rises 18%
STANDARD Chartered on Friday (Feb 23) reported 2023 pre-tax profit rose 18 per cent, in line with forecasts, and rewarded shareholders with...
StanChart CEO Bill Winters’ pay increases to US$10 million
STANDARD Chartered chief executive officer Bill Winters saw his total pay package rise 22 per cent in 2023.
Money laundering accused faces six new charges for alleged forgery and conspiracy to cheat StanChart
CAMBODIAN passport holder Chen Qingyuan, one of the 10 foreign nationals involved in the S$3 billion money laundering case in Singapore, was...
Standard Chartered weighs breaking up corporate, investment bank
STANDARD Chartered is considering restructuring its institutional banking arm, the unit that houses the firm’s investment bankers and traders, as part of...
Money laundering accused charged with submitting forged documents to cheat StanChart, Bank of Singapore
VANUATU passport holder Su Jianfeng, one of the 10 accused in Singapore’s largest money laundering case, was on Thursday (Feb 8) handed...