A month after the Shanghai-Hong Kong trading link opened, demand has subdued and most activity has come from short-term speculative traders.» Read More
Talk of a slowdown in emerging markets is "overblown," Peter Sands told CNBC on Wednesday and he dismissed speculation the bank was a takeover target.
Standard Chartered surprised markets by announcing that its finance director, Richard Meddings, would step down at the end of June. Allister Heath from City AM and Andy Brough from Schroders discuss the news.
The departing finance director of Standard Chartered will be paid for six months after leaving, despite resigning of his own accord.
Citigroup has picked AIA as its partner in a deal that allows the insurer's products to be sold through the U.S. bank's network. The FT reports.
Royal Bank of Scotland will pay $100 million to resolve U.S. probes into whether the bank violated U.S. sanctions laws against Iran, Sudan, Burma and Cuba.
India's November exports rose 5.86 percent from a year earlier, while imports fell 16.37 percent, the country's trade ministry said on Wednesday.
Bob Diamond is making a dramatic return to banking, launching a vehicle with Africa's youngest billionaire. The Financial Times reports.
Goldman Sachs may be one of the last firms standing as a rocky romance between Wall Street and raw material markets turns sour.
Deutsche Bank pulled the plug on its global commodities trading business, cutting 200 jobs as it becomes the first major bank to exit the sector.
Indian shares outperformed on Thursday while the rest of region declined on uncertainty over when the Federal Reserve may taper its stimulus program.
European equities closed lower after U.S. jobs data increased concerns that the Federal Reserve would "taper" its bond-buying program soon.
Asia-focused bank Standard Chartered said its income this year is likely to be similar to 2012, after a slowdown in Asian growth.
RBI's Raghuram Rajan has promised to remake the country's banking sector as he seeks to introduce a new era of competition. The FT reports.
The probe into foreign exchange manipulation has widened to include the world's biggest banks and actively traded currencies. The FT reports.
India's move to encourage foreign banks to reposition as wholly-owned subsidiaries may find just a handful of takers, given the regulatory trade-off.
Carson Block, foundeder of Muddy Waters, challenged his latest target, Chinese mobile security software company NQ Mobile, to sue him in the U.S.
Growth in one-time Asian tiger Indonesia may have slowed to 2009 levels in the third quarter, but economists aren't pushing the panic button.
JP Morgan has put its chief currency dealer in London, Richard Usher, on leave, and Bloomberg reported Citigroup had done the same.
Osborne welcomes Chinese banks looking to expand in London, offering to break down regulatory barriers in a bid to reinforce itself as a renminbi hub.
India is talking with JP Morgan and others to gain entry to benchmark indexes for emerging market debt in hopes to attract investment.