Page 2 - Standard Chartered Bank
HSBC, StanChart may face secondary shockwaves from Evergrande crisis
Other banks and insurers could also suffer indirect effects such as loss of fees or a devaluation of their investments
 "HSBC, StanChart may face secondary shockwaves from Evergrande crisis")
Standard Chartered to reimburse Covid expenses of 25,000 employees
Bankers are particularly vulnerable as they have to keep branches open; already over 1,000 bankers have passed away due to the pandemic
 "Standard Chartered to reimburse Covid expenses of 25,000 employees")
CG Power seeks shareholders nod for preferential allotment of shares to SCB
CG Power and Industrial Solutions on Friday said it will seek shareholder approval to allot 1.38 crore shares for Rs 101.20 crore to Standard Chartered Bank on a preferential basis
 "CG Power seeks shareholders nod for preferential allotment of shares to SCB")
Reserve Bank of India imposes Rs 2 cr penalty on Standard Chartered Bank
The Reserve Bank on Thursday imposed a penalty of Rs 2 crore on Standard Chartered BankIndia for delays in reporting of frauds to it.
 "Reserve Bank of India imposes Rs 2 cr penalty on Standard Chartered Bank")
Stanchart to rent offices in Chennai for one of its largest campuses
A unit of the London-based bank will lease 770,000 square feet for 15 years in the southern city, in a project being developed by DLF.
 "Stanchart to rent offices in Chennai for one of its largest campuses")
CLP Wind Farms raises Rs 300 cr through non-convertible debentures
The company said the move will help sustain the expansion of its renewable energy portfolio in alignment with the company's vision to invest in low-carbon footprint businesses
 "CLP Wind Farms raises Rs 300 cr through non-convertible debentures")
FinCEN files: Major Indian banks figure in suspicious transactions list
Banks say they themselves red-flagged the transactions to RBI, authorities
 "FinCEN files: Major Indian banks figure in suspicious transactions list")
Why bankers are afraid of becoming CEOs
The proposed governance norms for banks seem to be pushing for a role reversal - make the non-executive directors run the bank and take away the executive powers of the CEO
CBI charges Videocon's Venugopal Dhoot, bankers with 'criminal conspiracy'
Dhoot has been earlier booked by the CBI in the Videocon-ICICI bank loan case.
 "CBI charges Videocon's Venugopal Dhoot, bankers with 'criminal conspiracy'")
IL&FS case: NCLT turns heat on CEOs of Axis, Standard Chartered Bank
Bankers, NCLT said, failed to appear in the case relating to the IL&FS fraud despite repeated notices from the ministry of corporate affairs
 "IL&FS case: NCLT turns heat on CEOs of Axis, Standard Chartered Bank")
Essar Steel CoC defends lower pay out to Standard Chartered Bank
Apex court starts hearing CoC challenge to NCLAT approving higher payout to operational creditors
 "Essar Steel CoC defends lower pay out to Standard Chartered Bank")
Standard Chartered whistle-blower says US missed billions in trade
The bank executive, who isn't named in court papers, was the bank's global head of transaction banking and foreign exchange sales
Britain's financial watchdog imposes $133.3 mn fine on Standard Chartered
Standard Chartered has been under scrutiny by authorities in both the United Kingdom and the United States
Standard Chartered Bank to lay off about 200 employees in India
It has around 7,000 staffers in this country, being the largest international bank in India, with 100 branches in 43 cities
Standard Chartered Bank to lay off about 200 employees in India
When contacted, a Standard Chartered Bank spokesperson confirmed the downsizing
 "Standard Chartered Bank to lay off about 200 employees in India")
Standard Chartered Bank moves NCLT in Essar Steel takeover case
The bank, which has over 7.5 per cent weight in committee of Essar Steel creditors, claimed details of ArcelorMittal's revised bid of Rs 420 billion was not circulated along with the meeting's agenda
Standard Chartered expands India tech team, to reduce outsourcing
Standard Chartered Bank will look to reduce outsourcing to technology vendors as it scales up its own centres in India to build products and applications to support its global operations. On Tuesday, the British bank opened the Bengaluru operations of Standard Chartered Global Business Services (SCGBS), where it plans to scale its team to over 6,000 from 3,300 currently. Over two thirds of the 19,300 people employed by SCGBS globally work in India, with its main centres located in Chennai.Currently, nearly half of the technology services is outsourced to global vendors which include Tata Consultancy Services. The bank buys software services through two key models - workforce extension by augmenting employees of IT companies on its own projects and software maintenance contract through service level agreements.As it scales its own operations, helping build applications and assist in technology transformation in over 68 countries, Standard Chartered is increasingly looking inward."The .
Standard Chartered considering Frankfurt as its next EU base after Brexit
Company not to declare an ordinary dividend for 2016
 "Standard Chartered considering Frankfurt as its next EU base after Brexit")
Standard Chartered India reduces loss sharply
It had impairment losses on loans and other credit-risk provisions of Rs 6,251.52 cr in 2015
Hedge funds sue Stanchart over Castex derivative contracts
As per the funds, Castex Technologies manipulated its share price so it could force the conversion of its convertible bonds into equity
