Standard Chartered continues to deliver on its commitment to bridge Africa’s power gap by facilitating, coordinating and arranging transactions which boost the capacity of national power grids and access to electricity across Africa.
Tag: Standard Chartered
StanChart CEO Runs Short Of Time To Deliver A Stronger Bank
INVESTORS are calling on Standard Chartered to come clean on its need to raise billions of pounds in capital amid a warning that Peter Sands, the bank’s chief executive, has only months to turn the business around.
StanChart Faces US Sanctions Probe
US authorities have reopened an investigation into Standard Chartered to determine whether the UK bank hid transactions that flouted sanctions laws as it was settling a related action two years ago, people familiar with the matter said. The inquiry is a blow for StanChart and its embattled management team. Peter Sands, one of the longest […]
StanChart Shares Tumble To 5-year Low
Asia-focused bank Standard Chartered warned investors that profits would fall in the second half of this year, after quarterly earnings were hit by a surge in bad loans and higher regulation and compliance costs.
World Must Prepare For ‘Armageddon’-style Cyber ATttack, US Warns
The world must prepare for an “Armageddon”-style cyber attack, one of America’s most influential regulators has warned.