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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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DIAL raises $522 mn via 10-year bonds

Delhi International Airport Private Ltd (DIAL), a subsidiary of GMR Airports Ltd and GMR Infrastructure Ltd, raised $522.6 million by selling... ...
Orbis Financial Corp appoints Rajesh M Sharma as CEO

MUMBAI, Oct 21: Securities services player Orbis Financial Corporation today announced the appointment of industry veteran Rajesh M Sharma as its... ...
Karnataka HC directs Vijay Mallya to appear before it on Nov 24

Karnataka High Court has directed beleaguered liquor baron Vijay Mallya to appear before it on November 24 for allegedly violating an 'oral... ...
Delhi Airport raises USD 523 mn at 6.13 pc coupon

GMR Group-run Delhi International Airport Ltd has raised USD 522.6 million by selling 10-year bonds in the international market at a coupon of... ...
Security breach in debit cards being probed, says Shaktikanta Das

16:10 IST New Delhi [ India], Oct.21 ( ANI ): A senior finance ministry official on Friday said that a detailed report has been sought from... ...

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