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Standard Chartered

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Barclays Plc is reportedly exploring a potential merger with rivals, including Standard Chartered. No formal or information bid was made, the Financial Times reported …

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Standard Chartered, one of the first major UK-based banks to report first-quarter earnings, posted one of the worst set of results since the 2008 …

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Bill Winters, the new chief executive of Standard Chartered plans to cut up to a quarter of the bank’s senior most staff worldwide to …

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According to reports, Standard Chartered is closing its global cash equities business and is also axing around 4,000 jobs worldwide at its retail banking …

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U.K-based bank Standard Chartered Plc. may lose its license to do business in the New York State. The New York State Department of Financial Services (DFS), a New York’s top banking regulator, accused bank of illegally handling at least $250 billion in transactions with Iranian institutions. Standard Chartered Plc. was called a “rough institution”, which violated U.S. laws. Bank is said to have hidden $250 billion in over seven years and violated federal money laundering laws.

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