Private equity firm acquired 3.48 per cent shares in the company, taking up the total shareholding to 15.41 percent, worth over Rs 150 crore
A sharp spike in non-performing loans in China and India had weighed on the Asia-focused bank's balance sheet in the last few years
Its performance provided evidence that a sweeping restructuring under Chief Executive Bill Winters has begun to bear fruit
It will stop providing financing to parts of the diamond & jewellery industries as part of a review of its exposure to risky sectors
The investigation led to the departure of several bankers in Dubai in the past six months, including at least three managing directors
Pretax adjusted profit fell 64 per cent to $539 million, from $1.5 billion a year earlier
StanChart reinforces case for simpler pay
Loan impairments, risk provisions jump eight times; bank sees more pain ahead
The bank said its underlying 2015 pretax profit was $800 million