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RBI probes banking gaints on money laundering charges

A shocking revelation that banking giants HSBC and Standard Chartered are suspected to have laundered money for drug cartels has prompted an in-depth inquiry by Indian investigation agencies. The......

Four US investment banks offer support for London after Brexit vote

JPMorgan, Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley, as well as Britain's Asia-focused Standard Chartered said they would try to support London's financial sector Four US......

Standard Chartered finds diamonds no longer a bank's best friend

Banks in some of the biggest diamond and jewellery markets such as India have reined in lending in the last two years. Standard Chartered said it will stop providing financing to parts of the......

StanChart looks to shed $1.4-billion loans in India

  Standard Chartered is looking to shed stressed loans worth $1.4 billion (Rs 9,284 crore) made to Indian firms, including the GMR group, to revamp its asset book. According to Bloomberg, the......

Can the new India CEO Zarin Daruwala lift fortunes of StanChart?

A veteran of 26 years with ICICI Bank, 50-year-old Daruwala resigned on November 17. As India CEO of Standard Chartered, Daruwala will report to Ajay Kanwal, regional CEO, Asean & South Asia. When......

Why Deutsche Bank's little jewel in India was spared the axe

Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc. Image: Anshu Jain had to resign after criticism from investors. Photograph:......

StanChart extends $30 Million/Year Liverpool sponsorship

Asia-focused bank Standard Chartered has extended its sponsorship of Liverpool Football Club for two years, continuing one of the most lucrative deals in English sport. Standard Chartered, which is......

Cricket South Africa to honour Tendulkar

Cricket South Africa (CSA) will honour Indian cricket legend, Sachin Tendulkar, at the historic Standard Bank International Pro20 match at the Moses Mabhida stadium in Durban on January 9,......

'Weather would be a worry'

The Standard Chartered Mumbai Marathon 2006 received a tremendous boost when celebrities from various walks of life got together at the Hotel Hilton Towers in Mumbai on Tuesday to promote Asia's......
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Hong Kong stocks rise, mainland property shares surge on China holiday

* HSI +0.2 pct, HSCE +0.5 pct * Mainland markets closed for holiday, reopen Wednesday * China property groups jump on strong demand in... ...

http://www.sify.com/finance/hong-kong-stocks-rise-mainland-property-shares-surge-on-china-holiday-news-economy-rf3kEhahacgdi.html
London's gold benchmark hit by volatility after banks exit

By Peter Hobson LONDON (Reuters) - London's gold benchmark experienced large, unpredictable fluctuations after some banks left the auction that... ...

http://www.sify.com/finance/exclusive-londons-gold-benchmark-hit-by-volatility-after-banks-exit-news-default-rfzadQbaegfhg.html
Saurabh Agarwal named Tata Sons CFO

One of India's most successful investment bankers Saurabh Agarwal has been appointed as the new Chief Financial Officer of Tata Sons, the holding... ...

http://www.deccanherald.com/content/613058/saurabh-agarwal-named-tata-sons.html
Western banks eclipsed by China's along the new Silk Road

BEIJING - For global banks, China's new "Silk Road" is a tantalising concept: billions of dollars in deals, loans and advisory fees, and a cosier... ...

http://www.sify.com/finance/western-banks-eclipsed-by-chinas-along-the-new-silk-road-news-default-rfrqHkafebcfg.html
Singapore fintech firm says launches first digital platform for trade finance assets

By Anshuman Daga SINGAPORE (Reuters) - A Singapore central bank-backed fintech firm, CCRManager Pte Ltd, on Tuesday launched what it says is the... ...

http://www.sify.com/finance/singapore-fintech-firm-says-launches-first-digital-platform-for-trade-finance-assets-news-economy-rfqoGJbfgaiha.html

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