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'Pak-origin Naguib Kheraj may be Stanchart's new Chairman'

'Pak-origin Naguib Kheraj may be Stanchart's new Chairman'

Last Updated: Thursday, July 24, 2014, 17:00

Standard Chartered bank has three Indians on its board.

StanChart Bank, ICICI Pru Life ink bancassurance partnership

Last Updated: Wednesday, July 02, 2014, 17:00

The new 15-year-agreement covers India and 10 other markets and has commenced on July 1, 2014.

Stanchart profit up at 3% at $697 mn even as NPAs soar

Last Updated: Wednesday, March 05, 2014, 19:01

Income of the London-headquartered bank, which nets over 90 percent of its profit from Asia and Africa, grew 7 percent to USD 1.69 billion in the reporting period, it said in a statement.

StanChart elevates Chaudhuri as global brand head & CMO

Last Updated: Thursday, February 27, 2014, 19:33

Recently, the bank announced re-organisation under which the wholesale and consumer banking businesses would be integrated.

S'pore banks told to boost security after StanChart data theft

Last Updated: Friday, December 06, 2013, 15:38

Singapore's central bank has called on financial institutions to tighten up cyber security after a database on elite customers of Standard Chartered Bank was compromised.

StanChart set to end 10-year boom with 2013 profit drop

Last Updated: Wednesday, December 04, 2013, 16:17

Standard Chartered warned that 10 years of record earnings are likely to end this year, with profit set to fall because of losses in Korea, a slowdown in its key Asian markets and tougher regulations.

CLP India ties up with StanChart, IDBI Bank, IDFC for finance

Last Updated: Monday, September 30, 2013, 17:57

The company signed a "pooled financing" agreement for its wind power assets with Standard Chartered Bank, IDBI Bank Ltd and IDFC," CLP India said in a statement.

StanChart H1 pre-tax net jumps 45% to $450 mn

Last Updated: Tuesday, August 06, 2013, 19:38

Standard Chartered Bank Tuesday posted 45 percent jump in pre-tax profit in the January-June period at USD 450 million, but said macroeconomic situation and currency volatility make it 'cautiously optimistic' about the future.

StanChart profit sags after $1 bn hit on Korean business

Last Updated: Tuesday, August 06, 2013, 18:33

Asia-focused bank Standard Chartered took a USD 1 billion hit on the value of its Korean business on Tuesday, dragging first-half profit down by 16 percent.

StanChart puts 2.46 lakh sq ft Goregaon property on block

Last Updated: Wednesday, July 17, 2013, 15:10

The move is part of staff redistribution and consolidation process of the bank, the sources said, declining to give an estimate of how much the bank is expecting from the sale of the 2.46 lakh sq ft property, which is built on a plot of around 7,086.5 sq meters.

StanChart lowers INR forecast for year end to 60.5 from 53/USD

Last Updated: Monday, June 24, 2013, 13:01

Policy announcements are crucial for substantially reducing upside pressure on USD-INR, Standard Chartered said in a research note on Monday.

IDBI sells $500 million bonds in global markets, to pay 3.75% coupon

Last Updated: Wednesday, March 20, 2013, 15:18

The state-run IDBI Bank has successfully raised USD 500 million through a five-year bond sale in the international markets at a coupon of 3.75 percent which is likely to be the cheapest ever for the bank.