News: Standard Chartered PLC (STAN.L)

STAN.L on London Stock Exchange

895.00GBp
17 Dec 2014
Price Change (% chg)

-3.10p (-0.34%)
Prev Close
898.10p
Open
890.00p
Day's High
901.30p
Day's Low
886.70p
Volume
6,364,642
Avg. Vol
8,312,658
52-wk High
1,434.00p
52-wk Low
883.90p

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Tue, Dec 16 2014

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Standard Chartered to sell Hong Kong consumer business to Pepper-linked consortium: sources

SINGAPORE/HONG KONG - Standard Chartered has agreed to sell its Hong Kong-based consumer finance business to a consortium that includes Pepper Australia Pty Ltd and a Chinese group, in a deal estimated between $600 million to $700 million, two people with knowledge of the deal said.

Standard Chartered in deal to sell Hong Kong, Shenzhen consumer finance units

HONG KONG/SINGAPORE - Standard Chartered is selling its Hong Kong and Shenzhen consumer finance businesses to a consortium that includes a Chinese state firm, in the biggest asset disposal by the emerging markets-focused lender as part of a restructuring.

UPDATE 2-Standard Chartered in deal to sell HK, Shenzhen consumer finance units

* Bank of East Asia to buy mortgage book from consortium (Adds names of advisers to buyer group in last paragraph)

Standard Chartered says in deal to sell HK, Shenzhen consumer fin units

HONG KONG, Dec 16 - Standard Chartered has agreed to sell its Hong Kong and Shenzhen consumer finance businesses to a consortium led by China Travel Financial Holdings, Pepper Australia and York Capital Management Global Advisors, the emerging markets focused lender said in a statement on Tuesday.

Investors call for Standard Chartered to plan for life after Sands

LONDON - Standard Chartered is being urged to plan for life beyond Peter Sands after a strategy update last month failed to restore confidence in the chief executive among some investors.

Investors call for Standard Chartered to plan for life after Sands

* Bank under pressure to set out succession for CEO and chairman

Investec causes outcry with 'I can't breathe' headline on research

- A research note published by South African bank Investec with the headline "I can't breathe" caused an outcry on social media on Wednesday for its use of the dying words of Eric Garner, an unarmed black man killed in a police chokehold.

UPDATE 1-Investec causes outcry with "I can't breathe" headline on research

* Investec apologises unreservedly for inappropriate content (Adds Investec apology)

Investec causes outcry with "I can't breathe" headline on research note

Dec 10 - A research note published by South African bank Investec with the headline "I can't breathe" caused an outcry on social media on Wednesday for its use of the dying words of Eric Garner, an unarmed black man killed in a police chokehold.

StanChart sets up financial crime committee after U.S. scrutiny extension

LONDON - Standard Chartered has set up a board committee responsible for financial crime compliance, a day after U.S. authorities extended monitoring of the bank by three years.

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