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Barclays explores merger with Standard Chartered

'Hypothetical combinations' with other lenders, including Deutsche Bank, Credit Suisse and DBS, also discussed by Barclays directors.....»»

Category: topSource: business-standardMay 23rd, 2018

China set to open $42 trillion financial sector to world

HSBC, Bank of East Asia Ltd, Standard Chartered Plc and Citigroup are currently the biggest foreign banks in China.....»»

Category: topSource: business-standardMay 7th, 2018

Standard Chartered profits jump 20% as turnaround plan takes hold

BANKG REUTERS/Bobby Yip BY/CP/AH Standard Chartered sees profits increase 20% as a turnaround programme takes effect. The bank, which deals largely in emerging markets, has targeted efficiencies of nearly $3 billion over .....»»

Category: topSource: businessinsiderMay 2nd, 2018

Capital a constraint for subsidiaries, says Standard Chartered Bank

Standard Chartered appointed Bollywood actor Anushka Sharma as its brand ambassador to target the increasing young working customers.....»»

Category: topSource: business-standardApr 23rd, 2018

UCO Bank: Rs 7.6-bn provisioning done against fraud involving ex-chairman

Besides Kaul, it has booked EEIL, the latter's chairman, Hem Singh Bharana, and two chartered accountants (CAs), Pankaj Jain and Vandna Sharda.....»»

Category: topSource: business-standardApr 16th, 2018

Equity Bank"s Elliott: Expect an aggressive growth strategy in KC

Equity Chairman and CEO Brad Elliott said the metro area will play a key role in the company’s aggressive growth plans......»»

Category: topSource: bizjournalsJul 20th, 2018

Sen. Orrin Hatch Urges President to Rethink Trade Policies

Senate Finance Committee Chairman Orrin Hatch is ratcheting up pressure on President Donald Trump to reconsider his tariff policies, warning that GOP senators may be ready to risk a legislative confrontation......»»

Category: smallbizSource: wsjJul 20th, 2018

North Korea Economy Contracts as Sanctions Bite, South Officials Say

North Korea’s economy is estimated to have contracted the most in two decades last year, data from South Korea’s central bank showed, in a sign that its regime is feeling the pinch from stricter international sanctions......»»

Category: topSource: wsjJul 20th, 2018

Fed's Powell: Gradual rate hikes likely but trade fights are starting to hurt the economy

Fed Chairman Jerome Powell tells Congress the central bank will keep raising interest rates gradually amid a growing economy and ris.....»»

Category: topSource: usatodayJul 17th, 2018

GDP could rise to 4 percent in Q2 thanks to business-friendly policies, Bank of America CEO says

Jim Cramer sits down with Bank of America Chairman and CEO Brian Moynihan, who outlines the U.S. economy's growth drivers......»»

Category: topSource: madmoneyJul 17th, 2018

Market Snapshot: U.S. stocks rally after earnings and Powell testimony; Nasdaq hits record

U.S. stock rose on Tuesday, extending a recent upswing after Federal Reserve Chairman Jerome Powell indicated the U.S. central bank wouldn’t move too quickly in changing monetary policy, and that it would be flexible in the face of changing conditions......»»

Category: topSource: marketwatchJul 17th, 2018

Powell Says Fed Should Keep Gradually Raising Interest Rates

Federal Reserve Chairman Jerome Powell told a Senate panel strong economic growth and stable inflation should keep the central bank on track to gradually raise short-term interest rates......»»

Category: smallbizSource: wsjJul 17th, 2018

Hong Kong and banks including HSBC and Standard Chartered are launching a blockchain-based trade finance platform

REUTERS/Bobby Yip Hong Kong's banking regulator and seven banks, including HSBC and Standard Chartered, will jointly launch a trade finance platform in September. The sector is often described as one .....»»

Category: topSource: businessinsiderJul 17th, 2018

Bank of America CEO: Our mobile banking strength "goes far beyond the millennials"

Jim Cramer sits down with Bank of America Chairman and CEO Brian Moynihan after earnings to crunch the numbers and hear what’s next for the financial giant......»»

Category: topSource: madmoneyJul 16th, 2018

Fed Chair Jerome Powell Says Trade Policies Complicate Outlook

Federal Reserve Chairman Jerome Powell said a strong economy will allow the central bank to keep raising interest rates gradually and said it was too soon to judge how recent trade policy actions could influence the central bank’s policies......»»

Category: smallbizSource: wsjJul 12th, 2018

Starbucks" Schultz urges investor support despite China concerns

Starbucks Corp's outgoing Executive Chairman Howard Schultz said on Monday that a recent slowdown in China would be short-lived, seeking to salve investor concerns that the U.S. coffee chain is under pressure in the fast-growing market......»»

Category: topSource: reutersJul 9th, 2018

The Chinese Billionaire Whose HNA Group Took Major Stakes in Hilton and Deutsche Bank Has Died

Wang Jian was 57. The billionaire co-founder and chairman of China’s HNA Group died Tuesday in an acc.....»»

Category: europeSource: fortuneJul 4th, 2018

FuelCell Chairman Makes Biggest Insider Stock Buy Since 2015

John A. Rolls, former Deutsche Bank executive, bought $199,100 in shares on June 27......»»

Category: topSource: barronsJul 3rd, 2018

Vietnam Central Bank Confirms It Stands Ready To Maintain Firm Dong

Time and time again, the central banks of the Emerging Markets proclaim their intent to "preserve stability" or promise to "intervene aggressively" to scare speculators away from their plunging currencies and.....»»

Category: blogSource: zerohedgeJul 2nd, 2018

Fed allows smaller banks more time to file "living wills"

The Federal Reserve Board on Monday said 14 smaller U.S. banks will have more time to submit resolution plans, known as 'living wills', in the event a financial crisis pushed a bank towards default......»»

Category: topSource: moneycentralJul 2nd, 2018