News

Standard Chartered has unveiled sweeping changes in its boardroom following reports of discord at the top of the FTSE 100 bank.

Standard Chartered takes a hit as finance director is stripped of risk role

Finance director Richard Meddings is set to hand over responsibility for risk to chief executive Peter Sands

Standard Chartered rights issue points to growing boardroom rift

After a decade of growth, tough times in the bank’s key markets have led to dissent

Outlook: Hard hats may be en vogue, but be wary of Alexander’s insurer-investors

Here’s a Westminster fashion tip: hard hats and dayglo jackets will be so 2014. Ministers will be dressing up like that bloke out of the Village People on a near weekly basis for their photocalls as the Coalition plugs its infrastructure spending plan investments.

Outlook: Can Standard Chartered's triumvirate survive long into the New Year?

Outlook How long will the current boardroom structure remain at Standard Chartered?

Standard Chartered warns of first profit fall in ten years

Shares of Standard Chartered plummeted in early trading after the bank warned 2013 could see its first profit fall in a decade.

David Cameron in China: Keeping the British end up? Or just a waste?

The Prime Minister is leading the largest ever trade delegation to China. But what value do these junkets really deliver?

London office boom is back as Temasek forks out highest rent in six years

The Singaporean sovereign wealth fund Temasek planted its flag in London in dramatic style yesterday, paying the highest rents in six years for a new European headquarters in St James's.

Finance bosses puzzled by audit reform plans

The finance bosses of the country’s biggest firms have claimed that they “don’t understand” the Competition Commission’s hard-hitting proposals to reform the audit market, which is dominated by just four accountants.

Auditor KPMG faces axe from standard chartered

Standard Chartered looks set to dump KPMG as its auditor after four decades of checking the bank’s books, as the seemingly cosy relationship between big business and their accountants is smashed in the wake of the financial crisis.

Ben Chu: Standard Chartered shareholders, beware - the East is no one-way bet

Outlook Standard Chartered is a strong bank because it is well capitalised and generates most of its revenues in fast-growing Asian markets. That's what we're constantly told. But yesterday's half-yearly update should perhaps prompt us to look more closely at some of that conventional wisdom.

Regulator tells Barclays, Lloyds and RBS to plug £27bn hole in finances

The scale of the challenge facing policymakers to return Lloyds Banking Group and Royal Bank of Scotland to private ownership became clearer today as the banking industry was told to raise another £13.4 billion.

Singapore punishes RBS and others for rate manipulation

Royal Bank of Scotland was yesterday among 20 banks punished by Singapore's central bank for trying to manipulate benchmark borrowing and currency rates.

Emily Thornberry: Weak UK laws meant US took the lead in Libor scandal, she said

Labour plans a white-collar crime blitz to tackle financial mis-selling and fraud - with fines based on turnover

UK banks and businesses could face multimillion pound fines for defrauding their customers in a crackdown on white-collar crime to be announced by Labour.

Investment Insider: UK firms to prosper from Japan's revival

Abenomics is aiming to turn around the country's fortunes

Investment View: One slightly sick trading statement does not make StanChart a 'sell'

Should you be standing with Standard Chartered after last week's less than stellar trading update? The market tells its own story. The shares have been on the skids since it was issued. In fact they've been trending down for a while.

Latest stories from i100
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
How to stop an asteroid hitting Earth: Would people co-operate to face down a global peril?

How to stop an asteroid hitting Earth

Would people cooperate to face a global peril?
Just one day to find €1.6bn: Greece edges nearer euro exit

One day to find €1.6bn

Greece is edging inexorably towards an exit from the euro
New 'Iron Man' augmented reality technology could help surgeons and firefighters, say scientists

'Iron Man' augmented reality technology could become reality

Holographic projections would provide extra information on objects in a person's visual field in real time
Sugary drinks 'are killing 184,000 adults around the world every year'

Sugary drinks are killing 184,000 adults around the world every year

The drinks that should be eliminated from people's diets
Pride of Place: Historians map out untold LGBT histories of locations throughout UK

Historians map out untold LGBT histories

Public are being asked to help improve the map
Lionel, Patti, Burt and The Who rock Glasto

Lionel, Patti, Burt and The Who rock Glasto

This was the year of 24-carat Golden Oldies
Paris Fashion Week

Paris Fashion Week

Thom Browne's scarecrows offer a rare beacon in commercial offerings
A year of the caliphate:

Isis, a year of the caliphate

Who can defeat the so-called 'Islamic State' – and how?
Marks and Spencer: Can a new team of designers put the spark back into the high-street brand?

Marks and Spencer

Can a new team of designers put the spark back into the high-street brand?
'We haven't invaded France': Italy's Prime Minister 'reclaims' Europe's highest peak

'We haven't invaded France'

Italy's Prime Minister 'reclaims' Europe's highest peak
Isis in Kobani: Why we ignore the worst of the massacres

Why do we ignore the worst of the massacres?

The West’s determination not to offend its Sunni allies helps Isis and puts us all at risk, says Patrick Cockburn
7/7 bombings 10 years on: Four emergency workers who saved lives recall the shocking day that 52 people were killed

Remembering 7/7 ten years on

Four emergency workers recall their memories of that day – and reveal how it's affected them ever since
Humans: Are the scientists developing robots in danger of replicating the hit Channel 4 drama?

They’re here to help

We want robots to do our drudge work, and to look enough like us for comfort. But are the scientists developing artificial intelligence in danger of replicating the TV drama Humans?
Time to lay these myths about the Deep South to rest

Time to lay these myths about the Deep South to rest

'Heritage' is a loaded word in the Dixie, but the Charleston killings show how dangerous it is to cling to a deadly past, says Rupert Cornwell
What exactly does 'one' mean? Court of Appeal passes judgement on thorny mathematical issue

What exactly does 'one' mean?

Court of Appeal passes judgement on thorny mathematical issue