Prudential sees sales surge in Asia, HK stands out
Prudential’s Asia business powered ahead with impressive sales growth of 27% in the first nine months of this year against a backdrop of less favourable economic conditions.
Standard Chartered
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Standard Chartered rights issue plan sends shares into freefall
Emerging markets focused bank Standard Chartered has announced plans to raise £3.3bn from its shareholders through a rights issue.
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Maybank hopes to build discretionary services
Malaysia’s Maybank is aiming for a soft launch of its discretionary portfolio management service in Singapore by the end of this year, Ang Mui Koon, senior director of discretionary services, confirmed in an interview with sister website Fund Selector Asia.
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Manulife seals pension distribution deal with StanChart
Standard Chartered and Manulife have embarked on a 15-year distribution partnership to exclusively offer Manulife’s Mandatory Provident Fund (MPF) product to Standard Chartered customers in Hong Kong.
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StanChart named trustee of first Islamic ASEAN passporting fund
Standard Chartered has been named as trustee of the first Shariah-compliant fund to be used on the ASEAN passporting scheme.
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Standard Chartered to close equities business
Standard Chartered is to shut down its equities business as part of its bid to cut $400m (£260m, 340m) in costs this year.
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Thousands of Standard Chartered UAE accounts
Small and medium enterprise customers in the UAE have been told by Standard Chartered that their accounts are in the process of being closed.
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Standard Chartered may face legal challenges
Standard Chartered may face legal action in the United Arab Emirates after the New York Department of Financial Services reached an agreement with the bank on Tuesday for it to exit “high-risk client relationships” within certain business lines in its UAE branches.
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Standard Chartered fined 300m
Standard Chartered faces a further $300m fine and additional repercussions over its continuing failure to comply with anti-money laundering measures.
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standard chartered names m and a global head
Standard Chartered has appointed Tom Willett as the global head of mergers and acquisitions with effect from 1 June, taking over from Andrew Suckling who goes on a 12 month sabbatical.
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ignore stanchart reports and buy
Standard Chartered, the London-based, Asia-focused bank, today reported its first fall in full-year pre-tax profit in a decade, but some analysts said the news had contributed to a buying opportunity.
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standard chartered appoints muallah as iraq md
Standard Chartered has named Ahmed Muallah as managing director and head of its wholesale banking business in Iraq.