Five U.S. investment banks promised British finance minister George Osborne on Thursday that they would try to help London keep its top spot as a financial center, but gave no commitment on jobs following Britain's vote to leave the European Union.
With a banking heritage spanning more than 150 years, Standard Chartered has developed extensive global reach and a strong position in emerging markets and new trade corridors.
Bank of America has promoted Ashok Krishnan to lead electronic trading worldwide.
Standard Chartered's chief executive has attacked the "cancer" of weak controls at the bank, which he says is the reason for misconduct among senior staff.
Arun Murthy, Standard Chartered's global head of commodities, is retiring after eight years with the bank.
Some big companies have begun signing deals with Tehran since the U.S. and other global powers lifted long-running sanctions against the Middle Eastern country, but banks are very nervous after being burned in the past.
Add Goldman Sachs to the list of banks under regulatory review over Panamanian shell companies.
Standard Chartered would risk a staff exodus if it cut bonuses, Chairman John Peace said on Wednesday, responding to investor anger over high pay when the bank's shares have tumbled and there will be no final dividend for 2015.
'Including cases of padding expense reports and improperly lending money to colleagues'.
Companies as diverse as the household goods group Reckitt Benckiser, Standard Chartered bank and the advertising giant WPP could be the next to face showdowns over pay as investors prepare to vote at forthcoming annual meetings.
Standard Chartered CEO Bill Winters expects erratic swings in global markets to continue for at least the rest of this year, complicating his efforts to reinvigorate earnings and restore the lender’s dividend.
Standard Chartered, the bank reeling from billions of dollars of losses on soured energy loans, has increased lending to oil refineries just as companies across that industry face a slump in profit.
Standard Chartered has been rooting out some of its clients as it cleans up its business in the wake of regulatory investigations, its chief executive has said as the emerging markets-focused bank returned to profit in the first half of 2016.
Standard Chartered's share price has jumped even as it reported a 46 per cent fall in profits and said it was not yet ready to reinstate interim an interim dividend.