Stanchart

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  DBS, StanChart Weigh Bids As Citi Retreats From Asia Consumer Business: Report

  The businesses Citi is exiting had $82 billion in assets and were allocated $7 billion in tangible common equity last year.

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  Stanchart Raises Crude Oil Forecasts For 2018, 2019

  The British bank, which revised its forecasts for the first time in almost a year, saw Brent and WTI crude prices averaging $71 a barrel and $68 a barrel respectively this year.

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  In India's Largest FDI, Russian Group Completes $12.9 Billion Buyout Of Essar Oil

  The company director, Prashant Ruia, said the firm will pay back as much as Rs 70,000 crore to lenders, including SBI, ICICI Bank, Axis Bank, IDBI Bank and StanChart, among others.

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  States May Gain Rs 350-450 Billion In Revenue Post GST: StanChart

  The findings estimate that the 18 states tracked in the study aim to keep their 2017-18 fiscal deficit unchanged from 2016-17 at 2.7 per cent of GDP (excluding UDAY impact).

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  ICICI Bank, SBI, StanChart Top Bank Frauds List, Says Reserve Bank Data

  During the first nine months of the current fiscal, as many as 455 fraud cases involving Rs 1 lakh and above were detected in ICICI Bank, closely followed by SBI (429), Standard Chartered (244) and HDFC Bank (237).

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  Standard Chartered To Cut 10% Of Corporate, Institutional Banking Staff: Report

  Standard Chartered is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct knowledge of the matter told Reuters, as the bank keeps up an aggressive drive to cut costs.

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  ICICI, Axis, StanChart Get Back $2.5 Billion Of Essar Loans

  Within days of Essar Group signing a mega $12.9-billion asset sale in its oil business, three top lenders -- ICICI Bank, Axis Bank and StanChart -- have got back an estimated $2.5 billion as part of the first payment for their debt exposure to the Ruias-led conglomerate.

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  StanChart Sees Further Cuts To Bad Loan Provisions In China, India

  Standard Chartered expects to further cut provisions for bad loans in its key markets of China and India, and is also looking to lower exposure to the heavy industry sector, the bank's Greater China and North Asia chief said on Thursday.

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  Normal Monsoon Key To India's Continuing Recovery: StanChart

  A normal monsoon is critical to India's continuing recovery, as a rise in agricultural growth could add 30-45 basis points of growth to GDP, says a report by Standard Chartered.

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  Standard Chartered Finds Diamonds No Longer A Bank's Best Friend

  Standard Chartered said it will stop providing financing to parts of the diamond and jewellery industries as part of a review of its exposure to risky sectors.

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  Policy Changes 'More Gradual' Than Expected: StanChart

  As the Modi government nears its second anniversary, Standard Chartered has said the pace of policy changes has been "more gradual than initially expected" so far and more concrete measures are still awaited to expand manufacturing and create jobs.

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  StanChart Hires New Cyber Security Chief From Symantec

  Standard Chartered has hired former Symantec Corp executive Cheri McGuire to be its new chief information security officer, the bank said on Wednesday, as lenders globally step up efforts to combat threats to cyber security.

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  StanChart Profit Rebound Lifts Shares As CEO Flags Progress

  Standard Chartered posted stronger-than-expected first quarter results and said restructuring costs were in line with its plans, lifting its shares by 10 per cent on Tuesday.

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  Tata Steel Working With StanChart for UK Unit Sale: Report

  Tata Steel Ltd has hired a team of Standard Chartered Plc bankers to help sell its loss-making UK business amid Britain's attempt to prevent the closure of one of its biggest manufacturing operations, a source familiar with the matter said.

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  Inter-Meeting RBI Rate Cut Can't Be Ruled Out: StanChart

  RBI Governor Raghuram Rajan on February 2 left the key interest rate unchanged.