PRA imposes £46.55 million fine on Standard Chartered Bank
The PRA has imposed a financial penalty on Standard Chartered Bank of £46.55 million for failing to be open and cooperative with the PRA.
The PRA has imposed a financial penalty on Standard Chartered Bank of £46.55 million for failing to be open and cooperative with the PRA.
Standard Chartered has successfully completed its first Trade Loan transaction in Hong Kong referencing the USD SOFR.
Mary Huen, CEO of Standard Chartered Hong Kong will join the Group Management Team, effective immediately.
Alison McFadyen, Group Head of Internal Audit, and David Fein, Group General Counsel, will be retiring.
StanChart saw Macro Trading increase 4% with higher FX and Commodities income partly offset by lower Rates income.
Standard Chartered is investing in Atome Financial, which operates Asia’s largest buy now pay later platform, Atome.
Standard Chartered partners with FinLync to accelerate adoption of Bank’s API offerings by corporate treasury teams.
The Global Research team of Standard Chartered has initiated coverage of crypto assets with in-depth reports on BTC and ETH.
Standard Chartered and Linklogis form a joint venture to establish Olea, a fully-digitised trade finance origination and distribution platform.
SC Ventures and Northern Trust announce that Zodia Custody is now registered with the Financial Conduct Authority (FCA).