Tuesday 3 March 2015
 
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Standard Chartered

StanChart picks ex-JPMorgan executive as CEO

Standard Chartered said former JPMorgan investment bank boss Bill Winters will take over as chief executive in June to replace Peter Sands, after investors demanded change at the helm following two years of problems. Asia-focused

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Bank Dhofar working on plans to raise capital

Oman's Bank Dhofar is working with National Bank of Abu Dhabi and Standard Chartered as it studies options for raising its reserves including selling a capital-boosting bond, banking sources told Reuters on Tuesday. The sultan

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StanChart eyes wealthier customers in retail revamp

Standard Chartered will shift its retail bank's focus from mass market to affluent customers and urge more customers online as part of a broader turnaround strategy for the lender, a senior executive told Reuters. StanChart

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StanChart eyes stake sales in move to slim down

Standard Chartered's abrupt move to shut its global equities business last week could be a prelude to the lender selling off stakes in a number of Asian banks as it looks to boost capital, people familiar with the lender's thinking said.

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StanChart to close equities business, axe 4,000 jobs

Standard Chartered will close its global equities business and axe around 4,000 jobs worldwide at its retail banking division in a push to achieve the cost cuts, according to an internal memo seen by Reuters on Thursday, as chief executive Peter

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StanChart to axe 4,000 retail bank jobs

Standard Chartered will axe around 4,000 jobs worldwide at its retail banking division in a push to achieve the cost cuts that chief executive Peter Sands hopes will return the bank to past glory. Standard Chartered will axe aroun

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Oman Air, StanChart sign landmark financing deal

Oman Air, the national carrier of Sultanate, and Standard Chartered, have signed a sale and operating leaseback transaction for three B737-800 aircraft, through its Aviation Finance team - Pembroke. The first two aircraft were del

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Oman Air, StanChart sign landmark financing deal

Oman Air, the national carrier of Sultanate, and Standard Chartered, have signed a sale and operating leaseback transaction for three B737-800 aircraft, through its Aviation Finance team - Pembroke. The first two aircraft were del

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StanChart hit with first S&P downgrade in 20 years

Ratings agency Standard & Poor's (S&P) cut its credit rating on Standard Chartered for the first time in 20 years on Friday, citing the "tough period" the Asia-focused bank was going through and its weaker credit-worthiness

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StanChart marks UAE National Day by breaking world record

Standard Chartered Bank broke the world record today (November 27) by making the world’s largest football mosaic of the UAE flag at the Bank’s Dubai headquarters in Emaar Square, Downtown Burj Khalifa, on the occasion of UAE’s

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