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StanChart discounts reforms, lowers GDP forecast to 5.4%

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Despite the rash of reform steps announced over the weekend, Standard Chartered India on Monday sharply lowered its GDP growth forecast to 5.4 per cent for FY'13 from 6.2 per cent earlier, citing sl

Standard Chartered reaches $340 million settlement over Iran

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Standard Chartered Plc will pay $340 million to New York's bank regulator over transactions linked to Iran, in a speedily arranged deal likely to cheer its shareholders.

The deal with New York Superi

India to seek HSBC, Stanchart details from UK regulator

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The Reserve Bank and other Indian agencies are seeking details from British financial regulator FSA about two UK-based global banking giants HSBC and Standard Chartered whose outsourcing of key oversi

StanChart, regulators in settlement talks

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Standard Chartered is in talks with multiple law-enforcement officials including New York's banking regulator to resolve a probe into improper Iranian money transactions by the British bank, according to people familiar with the situation.

StanChart begins fightback on Iran allegations

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Cowboy local regulator or the exposer of lax federal bureaucrats?

That's the key question being asked about New York banking regulator Benjamin Lawsky after his explosive charge that London's Standar

Standard Chartered questions New York action

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A New York bank regulator's broadside against Standard Chartered Plc over transactions tied to Iran left investors and the bank questioning the action, which on Tuesday wiped $17 billion off the bank'

NY may pull StanChart licence, says 'rogue' bank hid $250 bln in Iran deals

New York's top bank regulator threatened to strip Standard Chartered Plc of its state banking licence, saying the British bank was a 'rogue institution' that hid $250 billion in transactions tied to I

India likely to grow less than 6% in fiscal 2013: Survey

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India's GDP growth will likely be less than 6 per cent for FY13, according to 72 per cent of respondents in a client survey by Standard Chartered Bank.

Twenty percent of the 125 corporate respondents

StanChart upgrades short-term rating for rupee

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Standard Chartered upgrades its short-term rating for the rupee to 'neutral' from 'underweight', and revises its end-September forecast to 56 from previous forecast of 57.50, adding the cross has 'lik

StanChart India profits continue to be weak

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Standard Chartered said on Wednesday it expects pretax profit in the first half of 2012 to grow by less than 10 per cent, slowing from previous years as growth in Asia eases and local currencies weake

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