NYC's district attorney has secured a windfall of $808 million from penalties against three big banks accused of violating U.S. sanctions.» Read More
Peter Sands, Group CEO of Standard Chartered says that while Fed tapering may rock emerging markets, fundamentals haven't changed overnight. He remains caution on India while bullish on China.
Has the slowdown in emerging markets affected HSBC and Standard Chartered? Helia Ebrahimi has more.
A U.S. economic recovery would benefit – not hurt – emerging markets, the chief financial officer (CFO) of Standard Chartered Bank told CNBC.
Emerging markets are getting a beating right now, but the tattered asset class could be poised to become the “comeback kid” of 2014, some analysts say.
India is considering to direct commercial banks to buy gold from ordinary citizens in an attempt to curb imports and take some heat off the plunging currency.
All five of the U.K.'s biggest banks posted profits for the first half of 2013, but a report on Monday warned that banks and regulators may be too focused on combating the wrongs of the past to take heed of future threats.
Japan's Nikkei index ended below the key 14,000 level on Wednesday as the yen hit a six-week high against the greenback on uncertainty about when the Federal Reserve could begin tapering its easy-money program.
Lachlan Colquhoun, Head of Markets Analysis at East & Partners, talks about his outlook on the Australian banking sector.
Standard Chartered says it remains committed to South Korea, even after $1 billion hit from writedowns in the country.
Jaspal Bindra, Group Executive Director & CEO, Asia, Standard Chartered discusses the lender's Hong Kong business and how optimistic he is on China's reform process.
Jaspal Bindra, Group Executive Director & CEO, Asia, Standard Chartered discusses the lender's plans to refocus in South Korea in terms of improving returns following its $1 billion writedown on its Korean operations.
European shares closed down on Tuesday after renewed fears in the U.S. that the Federal Reserve might start tapering its massive stimulus program in September.
Helia Ebrahimi, UK business editor at CNBC tells CNBC that Standard Chartered could be affected by the drop in emerging market growth.
Stuart Leckie, Chairman of Stirling Finance in Hong Kong says focus will be on cost cutting for HSBC.
Ismael Pili, Head of Financials Research, Asia at Macquarie Securities, compares HSBC and Standard Chartered ahead of the banks' earnings reports.
Barclays' cash call, aimed at boosting its capital strength and meeting another hefty mis-selling charge, could bode ill for other U.K. banks such as Lloyds, analysts said.
Wall Street banks are being investigated for transactions that violated sanctions on countries with ties to terrorism, New York State's chief financial regulator revealed Tuesday.
Swiss bank UBS will surrender its Indian banking license and close its banking unit, covering fixed income, forex operations and credit services, a source with direct knowledge of the matter told Reuters on Saturday.
The banking watchdog said the aggregate capital shortfall at five major U.K. banks at the end of 2012 was 27.1 billion pounds, slightly higher than its 25 billion initial estimate in March this year.
Singapore's central bank censured a record 20 banks on Friday after it found more than 100 traders in the city state tried to rig key borrowing and currency rates.