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  1. Business - Banking & Finance - COURTS

    StanChart sues over metal fraud claims

    Posted Jul 15th 2014, 01:31am by BLOOM

    ... Bloomberg Bank seeks US$35.6 million inlawsuit against Decheng Mining owner StanChart sues over metal fraud claims Standard Chartered is suing Chen Jihong, the owner of a metals trading company at the centre of a loan fraud investigation on the mainland, for US$35.6 million the bank says it is owed under a loan agreement. The bank is also claiming interest and costs under ...

    http://www.scmp.com/business/banking-finance/article/1554304/stanchart-sues-over-metal-fraud-claims
  2. Business - Banking & Finance

    Standard Chartered hit by weakness in Asian currencies

    Posted May 09th 2014, 01:14am by BLOOM

    ... Bloomberg in London StanChart hit by Asia currencies weakness Standard Chartered's first-quarter operating profit fell by a "high single-digit percentage", the bank said yesterday, amid weakness in emerging-market currencies and its financial markets business. The profit decline was in line with its expectations, Standard Chartered said in a statement to Hong Kong ...

    http://www.scmp.com/business/banking-finance/article/1507869/standard-chartered-hit-weakness-asian-currencies
  3. Business - Comment - LAI SEE

    If StanChart doesn't want us, why keep inviting us?

    Posted Jun 20th 2013, 12:00am by Howard Winn

    ... We are beginning to feel that in a previous life we must have done something bad to Standard Chartered Bank. Why otherwise would they have devised the mild but persistent form of torment it annually inflicts on Lai See . For the past two years we have bee ...

    http://www.scmp.com/business/article/1264574/if-stanchart-doesnt-want-us-why-keep-inviting-us
  4. Business - Banking & Finance - STOCKS

    Time to buy, StanChart tells local bargain-hunters

    Posted Apr 12th 2013, 12:00am by Jeanny Yu

    ... of the year, he said. Time to buy, StanChart tells local bargain-hunters ...

    http://www.scmp.com/business/banking-finance/article/1212592/time-buy-stanchart-tells-local-bargain-hunters
  5. StanChart extends profit-growth run

    Posted Aug 02nd 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Standard Chartered Bank will continue to invest and hire in the second half of this year, after posting record first-half profits for the 10th consecutive year. Net profit rose 12 per cent to US$2.8 billion compared with the s ...

    http://www.scmp.com/article/1008339/stanchart-extends-profit-growth-run
  6. StanChart sees profit growth dipping below 10pc

    Posted Jun 28th 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Standard Chartered Bank expects first-half revenue and pre-tax profit growth to drop below 10 per cent from a year ago as regional currencies weaken against the US dollar and key economies slow down. 'Local currency weakn ...

    http://www.scmp.com/article/1005252/stanchart-sees-profit-growth-dipping-below-10pc
  7. Corrections & clarifications

    Posted Mar 05th 2011, 12:00am by Staff Reporter

    ... The article 'StanChart battles high HK operating costs' on B2 published yesterday said Standard Chartered's Hong Kong unit reported a drop of 5 per cent in operating profit for 2010 compared with 2009. It should have said operating profit before taxation and impairment losses. ...

    http://www.scmp.com/article/739917/corrections-clarifications
  8. StanChart eyes leading role in yuan

    Posted Mar 24th 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Standard Chartered Bank is supporting regulators in both Britain and Hong Kong with the development of an offshore yuan business in London, says chief executive Peter Sands. 'We will play a leading role in the use of the ...

    http://www.scmp.com/article/996410/stanchart-eyes-leading-role-yuan
  9. StanChart commits to Zimbabwe despite new law

    Posted Oct 01st 2011, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Standard Chartered Bank says it has no intention of pulling out of Zimbabwe, despite being on a collision course with the government after failing to meet local ownership levels in foreign firms operating in the country. ' ...

    http://www.scmp.com/article/980644/stanchart-commits-zimbabwe-despite-new-law
  10. StanChart hit by poor sentiment for bank sector

    Posted Aug 01st 2011, 12:00am

    ... StanChart's development costs in Asian markets might be hard to sustain and was likely to be a concern for investors. It was speculated earlier this year that Standard Chartered would have to sell its ...

    http://www.scmp.com/article/975088/stanchart-hit-poor-sentiment-bank-sector

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