Standard Chartered Plc

M&A

DBS considers joining race for Bank Permata Indonesia

SINGAPORE (Oct 10): DBS Group Holdings is considering joining the race to acquire PT Bank Permata, the Indonesian lender in which Standard Chartered Plc holds a stake, according to people familiar

StanChart said to plan Asia split into Singapore, Hong Kong hubs

LONDON (June 6): Standard Chartered Plc plans to create two new hubs for its Asian operations in Singapore and Hong Kong to simplify the emerging market lender’s extensive network and reduce costs,

M&A

Barclays mulls possible merger with StanChart and even 'hypothetical combo' with DBS, reports FT

SINGAPORE (May 23): Barclays Plc has been exploring a potential merger with rival banks including Standard Chartered Plc, as part of wide-ranging contingency plans being weighed by senior board mem

Indonesia says investigating StanChart US$1.4 billion transfer to Singapore

JAKARTA (Reuters): Indonesia is investigating reports that US$1.4 billion ($1.9 billion) held by Standard Chartered Plc in Guernsey, mainly on behalf of Indonesian clients, was transferred to Singa

Commentary

How StanChart's heavier Singapore fine could look light: Bloomberg Gadfly

SINGAPORE (Dec 2): The kind that Standard Chartered Plc may have unwittingly facilitated is 86% more shameful than control lapses at DBS Group Holdings and UBS Group AG.

Barclays private bankers defect before OCBC acquisition

(Oct 6): Standard Chartered Plc has stepped up its hiring from Barclays Plc’s private-banking team in Hong Kong ahead of the transfer of the business to Oversea-Chinese Banking Corp., in a move tha

At 0.4% its size, Singapore wants more phone carriers than China

SINGAPORE (Sept 2): Singapore’s population may be 0.4% the size of China’s but the tiny city-state may soon host a larger number of carriers than the world’s largest mobile-phone market.

1MDB Watch

Singapore vows tougher stance after 1MDB dents reputation

July 25 (Bloomberg): Singapore’s regulatory chief vowed stronger action to address the reputational damage caused by anti-money laundering lapses at banks in the city linked to the troubled state i

bitcoins

Fraud in US$4 tril trade finance turns banks to digital ledger

SINGAPORE (May 23): The risk posed by fraud in the US$4 trillion ($5.5 trillion) trade-financing industry has prompted banks to start exploring distributed-ledger technology like the one that under

Be informed of the stories that matter