Cash-Strapped Pakistan Raises USD 2.5 Billion In Bonds From International Capital Market

Pakistan had last raised USD 2.5 billion in international bonds in November 2017. This included a USD 1 billion 5-year Islamic Sukuk at 5.625 per cent and another USD 1.5 billion in 10-year Eurobond at 6.875 per cent.

Sapan Gupta Elevated As Global Legal Head Of Arcelormittal

Gupta joined ArcelorMittal Nippon Steel India (AM/NS India) on April 1, 2020, as general counsel with responsibility for legal affairs, compliance and company secretarial affairs.

Potential US Sanctions Loom Over Banks With China Connections: Fitch

US administration must initiate a process that will result in the submission to Congress of a list of foreign financial institutions deemed to have engaged in significant transactions with parties that have allegedly sought to undermine Hong Kong's autonomy.

HSBC, StanChart And Others Processed Trillions Of Dollars Despite Concerns Over Potential Crimes: ICIJ

Shares of HSBC and Standard Chartered fell sharply in Hong Kong on Monday after the media reports with HSBC's stock at one point trading at its lowest level since 1995.

Standard Chartered To Streamline Business, Cut Senior Roles

StanChart has struggled for years to compete for the business of wealthy individuals in its target markets, with the unit making a loss of $14 million in 2018 and a profit of just $94 million in 2019.

StanChart Sees Key Markets Leading Quick Economic Recovery After Loan Losses Hit First Quarter

Increased credit impairment and provisions for an expected increase in loan losses pushed pretax profit for January-March down 12% from the same period a year earlier to $1.22 billion

Bank Of Baroda Denies Allegations Of Corruption In South Africa Operations

BoB said client confidentiality prohibits it from disclosing specific client-related information.

StanChart First-half Profit Beats Forecasts, Flags Trade Tension Risks

The latest profit compared with the $2.23 billion average of 11 analyst estimates compiled by Standard Chartered.

Banks Fight For $40 Million Fee Pot In Advising On Vodafone India Merger

BofA Merrill Lynch, UBS and Standard Chartered are among banks scrambling to win advisory roles in a potential merger involving Vodafone in India as they chase a rare big deals-related payday in the country

More Elbow Room For Foreign Banks

While the new norms for private banks shareholding does not mean it is exclusive for foreign banks alone, it has to be seen in context

Standard Chartered Profit Plunges To Lowest Since 1998

Profits at Standard Chartered plunged 84 per cent last year, its worst result since 1998, sending the bank's shares down as much as 10 per cent on Tuesday

StanChart Announces $5.1 Bn Capital-raising Plan, Posts Q3 Loss

Australia Clears Way For Adani's $7 Billion Project

Standard Chartered Plans To Cut About 1,000 Top Jobs

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