Recent events
Recent events tied to this brand in public sources.
Back to profile43 entries · Page 2 of 3
2020
Five banks become initial Trusple partners
BNP Paribas, Citi, DBS Bank, Deutsche Bank and Standard Chartered became Trusple's first five partner banks, as the platform began its gradual global rollout.
2020
Standard Chartered fined for alleged FEMA violations
India's Adjudicating Authority under FEMA imposed penalties totaling Rs 100 crore on Standard Chartered for alleged FEMA violations related to escrow-account activity and collateral guarantees involving Tamil Nadu Mercantile Bank shares. The article reports that the bank was found guilty of the violations.
2020
ED imposes penalties on Standard Chartered Bank and Tamilnad Mercantile Bank
India’s Enforcement Directorate said its Adjudicating Authority fined Standard Chartered Bank Rs 100 crore and Tamilnad Mercantile Bank Rs 17 crore under the Foreign Exchange Management Act. The report says Standard Chartered was held guilty of contraventions involving an escrow account, deposits and shares, while TMB was penalized over recording share transfers without the required approvals.
2020
Standard Chartered fined in India over foreign-exchange violations
India’s anti-money laundering agency fined Standard Chartered 1 billion rupees for foreign-exchange rule violations connected to its work on the 2007 takeover of Tamilnad Mercantile Bank. The bank confirmed receipt of the order and said it was evaluating it.
2020
Standard Chartered Bangladesh rolls out blockchain remittance service
Standard Chartered Bangladesh rolled out a blockchain-powered remittance service for Bangladeshis working in Malaysia, enabling them to send money to Bangladesh. The service was in the final stages of commercial testing and was to become available to customers in Bangladesh and Malaysia soon.
2020
Trade Champion announces partial cash offer for PCCW shares
Trade Champion Limited, represented by Standard Chartered, announced a conditional voluntary partial cash offer to buy approximately 155 million PCCW shares from eligible shareholders at HK$5.20 per share.
2020
Standard Chartered appoints Saudi Arabia CEO
Standard Chartered Bank appointed Yazaid Al-Salloom as chief executive officer for Saudi Arabia, effective August 1, 2020.
2020
India's enforcement agency fines Standard Chartered 1 billion rupees
India's anti-money laundering agency fined Standard Chartered Plc 1 billion rupees for violating foreign exchange rules in connection with work on a 2007 investment in Tamilnad Mercantile Bank. The bank confirmed receipt of the order and said it was evaluating it.
2020
Standard Chartered announces another planned round of job cuts
Standard Chartered announced a planned new round of job cuts, with several hundred positions listed for elimination. The bank said the redundancies were in line with its commitment to transforming the bank and were not the result of the COVID-19 pandemic.
2020
SOLV launches MSME credit card
SOLV launched a credit card tailored to the MSME segment in India, in partnership with Standard Chartered Bank.
2020
Standard Chartered and Shenzhen Capital Group sign strategic cooperation memorandum
Standard Chartered and Shenzhen Capital Group signed a strategic cooperation memorandum to deepen cooperation in finance and capital markets and support innovative small and medium-sized enterprises.
2020
Bohai Bank and Standard Chartered sign strategic cooperation agreement
Bohai Bank and Standard Chartered signed a strategic cooperation agreement to strengthen business coordination and development internationally, especially in Belt and Road markets, and deepen cooperation in support of RMB internationalization.
2020
UK sanctions regulator fines Standard Chartered £20.47 million
The UK Office of Financial Sanctions Implementation fined Standard Chartered £20.47 million over loans to Denizbank that the regulator concluded breached EU restrictions. The regulator found that 70 of 102 examined loans were not facilitating EU trade; the fine covered 21 loans within its enforcement authority.
2020
Standard Chartered selects Syncordis for wealth platform transformation
Standard Chartered selected Syncordis as the partner for a Temenos T24 Transact engagement as the bank transforms and upgrades its wealth platform. The work includes reimplementing T24 Transact and integrating it with the bank's other specified applications and systems.
2020
Standard Chartered announces Nexus banking-as-a-service solution
Standard Chartered announced the launch of Nexus, a digital banking-as-a-service solution that connects digital platforms and ecosystems with financial products offered using the bank's brand. The article says Standard Chartered was taking its first step with an Indonesian e-commerce platform, with the alliance set to co-create financial products via Nexus in 2021.
2020
Standard Chartered Taiwan announces COVID-19 repayment relief scheme
Standard Chartered Bank announced a repayment relief scheme for small and medium-sized businesses and individuals affected by the COVID-19 outbreak. Eligible customers can apply for interest-free repayment extensions and loan grace periods, subject to review and supporting documentation.
2020
Emirates Global Aluminium secures $600 million credit facility
Emirates Global Aluminium announced that it had secured a $600 million revolving credit facility with a syndicate of UAE and international banks.
2020
Standard Chartered announces investment in Linklogis
Standard Chartered announced a strategic investment in Chinese supply chain financing platform Linklogis. The investment amount was not disclosed.
2019
Standard Chartered Taiwan launches SC Keyboard Banking
Standard Chartered launched SC Keyboard Banking in Taiwan, allowing customers to transfer money, send red envelopes and check live exchange rates from chat windows on supported social and messaging platforms.
2019
Standard Chartered launches digital banking in Nigeria
Standard Chartered Bank Nigeria launched digital banking services in Nigeria, including the SC Mobile 2.0 application and account and banking services accessible by mobile device.