standard chartered


MAS fines Standard Chartered $4 mn over money laundering breaches

Mar 19 2018 | 9 hrs ago

MAS imposed penalties of S$5.2 mn on the Singapore branch of Standard Chartered Bank and S$1.2 million on Standard Chartered Trust for anti-money laundering breaches.

Hong Kong suspends UBS as IPO sponsor for 18 months

Mar 09 2018

Hong Kong’s securities regulator has blocked UBS from sponsoring initial public offerings for 18 months, the Swiss bank said in its annual report released.

StanChart factors planned US trade tariffs into lending

Mar 08 2018

US President Trump’s proposed trade tariffs are already influencing lending decisions by Britain’s Standard Chartered and could have an impact on its profitability.

UK stock market: Key factors to watch on February 23

Feb 23 2018

Britain's FTSE 100 index is seen opening 11 points lower at 7,241.4 on Friday, according to financial bookmakers.

JLL India strengthens investment & capital mkt division

Feb 19 2018

Property consultant JLL India has appointed Hardeep Dayal as chief operating officer of capital market services division and Amit Gupta as head for debt markets.

India's City Union Bank CEO says suffered cyber hack via SWIFT system

Feb 18 2018

India’s City Union Bank said that “cyber criminals” had hacked its systems and transferred nearly $2 million through three unauthorized remittances to lenders overseas.

TSB profit falls, expects to pay more fees to Lloyds

Feb 02 2018

TSB Bank expects to pay more in fees to Lloyds Banking Group for using its former owner banking platform, as it posted a profit fall in 2017 as a result of the payments.

StanChart signs $1.6 bn 'Belt and Road' funding deal with China

Feb 01 2018

China Development Bank will make available up to 10 billion yuan to Standard Chartered to fund projects in countries along China’s ‘Belt and Road’ infrastructure route.

Air India takes delivery of Boeing 777 aircraft for VVIP use

Jan 25 2018

Air India took the delivery of its latest Boeing 777-300 ER aircraft, which will be one of the two new planes to be used for VVIP purposes.

Uproar over crackdown on cryptocurrencies divides South Korea

Jan 12 2018

With a tech-savvy population quick to adopt latest gadgets and facing dim prospects in conventional workplace, S Korea has been a fertile ground for virtual currencies.

Indian Markets


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Global Markets


Stocks In News



Provident Housing Ltd enters Goa with Adora de Goa an Integrated Resort distric

Project is expected to deliver a Sales Volume of close to Rs 1000 cr over the next 5 years

Group is entering into a management contract with The Park Hotels



Rare Enterprises Buys 3 Cr Shares At Rs 18.37/Sh


Attracts 26 bidders for 51% stake quoting bids between Rs 8000-10,000 Cr

Firms such as ITC, Patanjali Ayurved, Emami Group and Aion Cap are among the bidders

Bidders are bullish on the sector after Govt raise import duties on certain vegetable oils

The govt announced in the budget a hike in import duty to 30-35%

Businessline Reports


TPG Cap and Manipal Health are eyeing controlling stake in the co

Likely to lead to 2 simultaneous open offers leasing to premium offers to attract investors

Will have to buy at least 26% stake through Voluntary open offer as part of takeover code

A 26% shareholding will automatically trigger the mandatory open offer for additional 20%

Business Standard Reports


TRAI issues show-cause notice to co

Seeks details of non-transparent, discriminatory tariffs to consumers

Have to respond till Mar 25

Action to depend on if tariff reported to regulator or not

Notice first one after TRAI issued tariff order on predatory pricing

Economic Times Reports

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