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  • August 21, 2014
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  1. StanChart first to fight US charges

    Posted Aug 09th 2012, 12:00am

    ... of its share price in a day. StanChart is the third big British-based bank in little more than a month to be named in a crackdown by US authorities on alleged financial misconduct, prompting ... have apologised for their failure to prevent money laundering. Unlike HSBC and Barclays, StanChart has chosen to fight back, vowing to clear its good name of allegations that it falsified ...

  2. Comment - Insight & Opinion

    StanChart a victim of Pax Americana

    Posted Aug 08th 2012, 12:00am by Alex Lo

    ... come on the heels of HSBC's admission that it laundered money for Mexican drug cartels and pariah states, including Iran. New York State's financial watchdog said Stan ... against. The business of US sanctions is business, under Uncle Sam's protection. StanChart will get off with stiff fine, but nothing it cannot afford. Professional extortionists, though, must ...

  3. Business - Banking & Finance - PROBE

    Deloitte chief hits back over 'diluted StanChart report'

    Posted Aug 15th 2012, 12:00am

    ... Reuters in New York Deloitte chief hits back over 'diluted StanChart report' Deloitte chief executive Joe Echevarria is fighting back against allegations that his firm helped Standard Chartered hide transactions with Iran, saying charges by the top New York state banking regulator were "distortions of the facts". The New York State Department of Financial ...

  4. StanChart charges expose absurdity of Iran sanctions

    Posted Aug 08th 2012, 12:00am

    ... in London, the drop had wiped some HK$112 billion off StanChart's market value as investors dumped the stock, afraid regulators could strip it of its New York licence. To put that fall into perspective, it is 40 times the interim profit the bank announced last week. In a statement yesterday, StanChart rejected the regulators' accusations, insisting that 99.9 per cent of its ...

  5. StanChart held to high ransom from low moral ground

    Posted Aug 09th 2012, 12:00am

    ... institutions, then I congratulate it for its courage in standing up to vicious bullying from Washington. Three cheers for StanChart. This assumes, however, that these transactions were illegal and here ... The victim must be guilty. It stands to reason. HSBC recently folded to the threat by making apologies for unsubstantiated allegations of money laundering. StanChart, however, shows signs of standing ...

  6. StanChart aims to boost clients with yuan offerings

    Posted Aug 04th 2012, 12:00am

    ... earlier. Without giving details, she said the bank had opened yuan accounts for mainlanders in Hong Kong in the first three days since the non-resident yuan account service was launched. Stan ...

  7. Sport - Tennis

    Wawrinka reaches first grand slam final

    Posted Jan 23rd 2014, 10:33pm by AP

    ... a good match. Stan was the one that just took it, and that’s it.” ...

  8. 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 ...

  9. Lifestyle - Arts & Culture

    Love and all that jazz- gigs on Valentine's Day

    Posted Feb 09th 2014, 06:13pm by Robin Lynam

    ... of several similarly titled compilations featuring some of the more sentimental tracks by jazz artists such as Dave Brubeck, John Coltrane, Bill Evans, Stan Getz and Wes Montgomery. A jazz gig ...


    Shout it loud: The Seattle Seahawks rule after Super Bowl victory

    Posted Feb 08th 2014, 11:01pm by Tim Noonan

    ... in Denver who will soon find out about the Seahawks' killer defence. Rolling forward, Stan Getz takes us to a Warm Valley." Nary a hint of malice and all of it delivered in dulcet, ...




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