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Standard Chartered Bank

Standard Chartered Bank (LSE: STAN, SEHK: 2888,OTCBB: SCBFF) is a British bank headquartered in London with operations in more than seventy countries. It operates a network of over 1,700 branches and outlets (including subsidiaries, associates and joint ventures) and employs 73,000 people.

Despite its British base, it has few customers in the United Kingdom and 90% of its profits come from Asia, Africa, and the Middle East. Because the bank's history is entwined with the development of the British Empire its operations lie predominantly in former British colonies, though over the past two decades it has expanded into countries that have historically had little British influence. It aims to provide a safe regulatory bridge between these developing economies. Read More

Headlines Around the Web

StanChart lends Rs 250 crore to Bangalore realty firm

Feb 09, 2012 - The Times of India

Kenya: Stanchart Q3 Profit Drops As CFC Gains

Nov 28, 2011 - AllAfrica News

East Africa: Tanzania Could Soon Overtake Kenya

Nov 18, 2011 - AllAfrica News

Tanzania: Stanchart Profits Surge

Nov 16, 2011 - AllAfrica News

Ghana: TDCL Barks At Standard Chartered Bank

Oct 07, 2011 - AllAfrica News

Articles About Standard Chartered Bank

Dubai nears last big debt restructuring as crisis fades

By Reuters UK

The Dubai Group investment firm said on Thursday it expected a $10-billion (6.42 billion pounds) restructuring of its debt within weeks, sealing the Gulf emirate's recovery from a financial crisis that brought it to the brink of default. (May 09)

MORE TOPICS: DUBAI, LONDON STOCK EXCHANGE, UNITED ARAB EMIRATES, EGYPT, INVESTMENT, LONDON

Standard Chartered
Standard Chartered Profit Hit By Higher Expenses and Charges

By IBTimes UK

Operating profit for first quarter falls slightly despite increase in revenues. (May 08)

MORE TOPICS: MANAGEMENT, SETTLEMENT, LONDON

Insight - As economy flounders, Vietnam banks on debt cleanup

By Reuters UK

When Nguyen Manh Hung's furniture company Phuc Luc was bustling, orders flew in from wealthy Vietnamese who sought his hand-crafted beds, cabinets and tables, netting him $25,000 (16,097 pounds) a month after costs and wages for 35 staff. (May 03)

MORE TOPICS: RETAIL SALES, RETAIL, MANAGEMENT, INVESTMENT

The Reserve Bank of India (RBI) Logo
RBI May Sweeten Rate Cut with Lower Cash Reserve Ratio

By Reuters

The Reserve Bank of India may sweeten its expected 25 basis point interest rate cut on Friday with a similar reduction in the cash reserve ratio to ease tight market liquidity conditions as increasingly benign inflation gives it room to manoeuvre. (May 02)

MORE TOPICS: GOLD, BARCLAYS, MANUFACTURING, GDP, INDIA, RBI

Euro zone inflation fall, record jobless point to ECB rate cut

By Reuters UK

Inflation in the euro zone has fallen to a three-year low and unemployment hit a new record, cementing expectations of an interest rate cut by the European Central Bank later this week. (Apr 30)

MORE TOPICS: UNEMPLOYMENT, BARCLAYS, GERMANY, EUROPEAN CENTRAL BANK

Eurozone inflation fall, record jobless point to ECB rate cut

By Reuters

Inflation in the euro zone has fallen to a three-year low and unemployment hit a new record, cementing expectations of an interest rate cut by the European Central Bank later this week. (Apr 30)

MORE TOPICS: UNEMPLOYMENT, BARCLAYS, GERMANY, EUROPEAN CENTRAL BANK

Global shares rise, dollar falls on central bank expectations

By Reuters

World shares gained and the dollar fell on Monday as investors counted on easy money from the U.S. and euro zone central banks to offset the risk of further disappointing global economic data. (Apr 29)

MORE TOPICS: CHINA, GENERAL MOTORS, GOLD, FEDERAL RESERVE, COMMERZBANK, FTSE

Exclusive: Risk ranking: China revamps anti-money laundering rules - sources

By Reuters

Chinese banks must rate their clients' risk of criminal conduct on a scale of 1-5 as part of the central bank's moves to curb money laundering and fraudulent transactions estimated at hundreds of billions of dollars a year. (Apr 18)

MORE TOPICS: CHINA, HSBC, UNITED NATIONS, MEXICO, CRIMINAL LAW

Exclusive - Risk ranking: China revamps anti-money laundering rules: sources

By Reuters UK

Chinese banks must rate their clients' risk of criminal conduct on a scale of 1-5 as part of the central bank's moves to curb money laundering and fraudulent transactions estimated at hundreds of billions of dollars a year. (Apr 18)

MORE TOPICS: CHINA, HSBC, UNITED NATIONS, MEXICO, CRIMINAL LAW

StanChart told to say sorry over U.S. sanctions comments

By Reuters

Standard Chartered <STAN.L> bowed to pressure from U.S. authorities and apologized on Thursday for comments by the bank's chairman denying the bank had intentionally breached U.S. sanctions on Iran. (Mar 22)

MORE TOPICS: BARCLAYS, HSBC, SUDAN, NEW YORK, LIBYA, CREDIT SUISSE