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  • April 23, 2014
  • Last updated: 11:05pm
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Results 1 - 10 of 11 for stan kroenke

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  1. Business - Banking & Finance - BANKING

    Standard Chartered net profit declines 17pc

    Posted Mar 05th 2014, 06:51pm by KANIS LI

    ... Kanis Li kanis.li@scmp.com StanChart loses profit momentum Standard Chartered, the British bank which is heavily exposed in emerging markets, posted its first decline in earnings in a decade due to volatile financial markets and tough conditions in South Korea, with analysts warning the bank still faces challenges in 2014. Standard Chartered's profit before taxation ...

  2. Business - Banking & Finance - BANKING

    Standard Chartered looking to sell Hong Kong lender PrimeCredit

    Posted Feb 19th 2014, 02:29pm by Reuters

    ... Reuters StanChart's HK consumer finance unit up for sale Standard Chartered is seeking buyers for Hong Kong consumer finance business PrimeCredit, according to people familiar with the matter, as the Asia-focused bank sells peripheral businesses. The move comes after the London-based bank said in November that it aimed to use capital more effectively. It said it would close ...

  3. Business - Banking & Finance - BANKING

    StanChart hurt by S. Korean weakness

    Posted Jun 27th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Bank says it missed targets in first half of year as loan impairments rose in South Korea and British bank levy jumped by 75 per cent StanChart hurt by S. Korean ... when funding costs increase," Chan said. "This could relieve the margin pressure on StanChart". Costs grew broadly in line with income, and the number of employees had been ...

  4. Business - Banking & Finance - BANKING

    StanChart digital branches to expand in bid to boost sales

    Posted Jun 17th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Bank's first internet-equipped outlet in city sees sales revenue rise, with shorter queuing times StanChart digital branches to expand in bid to boost sales Standard Chartered plans to roll out more "digital branches" in Hong Kong to boost sales revenue and shorten the time customers queue for services. The digital branches will be equipped ...

  5. Business - Banking & Finance - BANKING

    StanChart's first-quarter margins hit by competition

    Posted May 08th 2013, 02:48pm by KANIS LI

    ... Kanis Li kanis.li@scmp.com Bank's share price falls as investors react to surprise first-quarter results while finance chief says revenue set to grow 8 per cent StanChart's margins hit by competition Fierce competition for business has put pressure on margins at Standard Chartered, which reported disappointing first quarter results yesterday. Operating profit fell ...

  6. Business - Banking & Finance - BANKING

    StanChart raises dividends, cuts back on top bonuses

    Posted Mar 05th 2013, 11:49am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Lender has 10th year of record earnings but concerns linger about looming regulatory costs StanChart raises dividends, cuts back on top bonuses Standard Chartered lifted its 2012 dividend payout 11 per cent but bonuses paid to top executives slipped amid higher regulatory costs. Finance director Richard Meddings said he expected the bank would have ...

  7. Business - Banking & Finance - BANKING

    Standard Chartered keen to grow branch numbers on mainland China

    Posted Mar 14th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Bank passes US1b in mainland income and says it wants more staff and more branches there StanChart keen for mainland boost Standard Chartered is keen to invest more on the mainland on new branches and staff recruitment. Peter Sands, the chief executive of the British bank, said the mainland would be one of the drivers for the group in the coming ...

  8. Business - Banking & Finance - BANKING

    Standard Chartered to invest HK$1b on private banking hub

    Posted Sep 26th 2012, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Bank earmarks HK$1 billion to turn redeveloped site into a service centre for wealthy clients StanChart plans private banking hub at Forum Standard ... of consumer banking at StanChart, said the number of clients from the "Greater China region" had doubled in a year. She added that the new centre would house about 300 to 400 staff, ...

  9. Business - Banking & Finance - BANKING

    HSBC in talks to settle US money-laundering probe

    Posted Aug 25th 2012, 12:00am by Bloomberg

    ... Bloomberg in New York The bank is negotiating a deal over claims of money laundering but the StanChart row may be getting in the way, sources say HSBC in talks to settle U.S. probe HSBC Holdings, which is under investigation by US regulators for allegedly laundering funds of sanctioned nations including Iran and Sudan, is in talks to settle the matter, sources say. The bank, ...

  10. Business - Banking & Finance - BANKING

    Rivals move in on Standard Chartered staff

    Posted Aug 22nd 2012, 12:00am by George Chen

    ... George Chen and Lulu Chen British bank becomes a hunting ground for poachers after it ran afoul of US regulators Rivals move in on StanChart staff With Standard Chartered running into trouble over its dealings with Iran, potential poachers are circling the bank's Asia-based staff aiming to pick up talent. People in the financial industry told the South China Morning Post ...




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