Standard Chartered PLC

Standard Chartered said on Monday that it was setting diversity targets for its senior leadership teams in Britain and the United States, aiming to boost the number of Black staff in its senior ranks.

Fraud risk analyst Rajendran Raj was used to the odd out-of-hours alert from authorities, but a call one Saturday in March heralded a new era, of tackling criminals seeking to cash in on coronavirus.

Abu Dhabi National Oil Company (ADNOC) is considering the sale of waste management assets held by one of its units and they could fetch around $500 million, sources close to the deal said, as the state-owned firm seeks to monetise non-core assets.

* Impairment charges of $358 million vs estimated $614 million

DBS Group Ltd and Standard Chartered are leading a group of 12 other banks in Singapore to create and conduct a digital trade finance registry, to mitigate the risk of trade fraud, the two banks said in a statement on Tuesday.

Asian shares were broadly weaker Tuesday as possible delays in expanded U.S. stimulus and concerns about fresh pandemic lockdowns in Europe dented the recent positive sentiment towards global equity markets.

Asian shares extended losses for the second day on Tuesday while the dollar rose, as possible delays in expanded U.S. stimulus and concerns about fresh pandemic lockdowns in Europe knocked investor sentiment.

Shares of the biggest global banks dropped on Monday after news reports said they allowed large sums of allegedly illicit funds to move through the financial system, despite red flags about the origins of the money.

European stocks headed lower for a third straight session on Monday, hit by worries about a surge in coronavirus cases in the continent and a slide in HSBC and Standard Chartered following reports alleging the UK lenders of moving illicit funds.

A slide in HSBC and Standard Chartered shares hit the FTSE 100 on Monday as reports said they and other banks moved allegedly illicit funds over nearly two decades, while a surge in COVID-19 cases raised the spectre of another round of lockdowns.

HSBC and Standard Chartered's Hong Kong shares fell on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite red flags about the origins of the money.

A Singapore oil trader has won favourable decisions from the Paris-based International Chamber of Commerce (ICC) against two banks in trade-finance disputes related to troubled Hin Leong Trading, documents reviewed by Reuters showed.

Standard Chartered said on Thursday it would merge several of its businesses and reduce the number of top executives as the Asia and Africa-focused bank seeks to trim costs and create a leaner business.

* CEO Winters expects "very small number of redundancies" (Adds comments from management call, updates share price)

Standard Chartered PLC posted a 33% fall in its first-half pre-tax profit, as the bank took hefty credit impairment charges arising from the COVID-19 pandemic and economic downturn in its main markets.

Qatar Airways and Standard Chartered have signed an $850 million financing deal for seven Boeing 787-9 aircraft, a statement from the Qatari airline said on Tuesday. (Reporting by Aziz El Yaakoubi; Editing by Jan Harvey)

Standard Chartered has told staff it is freezing all external and internal hiring for two months and signalled it is likely to cut bonuses for 2020, as the Asia and Africa-focused lender grapples with the fallout from the coronavirus pandemic.

Standard Chartered has told staff it is freezing all external and internal hiring for two months and signalled it is likely to cut bonuses for 2020, as the Asia and Africa-focused lender grapples with the fallout from the coronavirus pandemic.

Tanzania has been ordered by a World Bank arbitration court to pay $185 million to the Hong Kong subsidiary of Standard Chartered for breaching an energy contract.