Wednesday 20 August 2014
 
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Standard Chartered

StanChart unit buys into UAE’s Topaz Energy

Standard Chartered Private Equity (SCPE) announced today (August 20) the acquisition of a minority stake in UAE-based Topaz Energy and Marine (Bermuda), a leading offshore support vessel operator, through an equity investment of $75 million.

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StanChart to scour records for money laundering

Standard Chartered will soon begin sifting through a mountain of data for signs of possible money laundering or other criminal activity, as a result of faults in the software critical to its anti-money laundering compliance program, two sources

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StanChart opens 1st Islamic banking centre in UAE

Standard Chartered Saadiq, the Islamic Banking division of Standard Chartered Bank, inaugurated its first dedicated Islamic Banking Center in the UAE at the Al Khalidiya Branch in Abu Dhabi. Present at the ceremony was Wasim Akhta

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StanChart warns on profits as markets arm slumps

Standard Chartered warned profits would fall in 2014 for the second year in a row after first-half earnings dropped by a fifth due to tougher regulations and low market volatility in its trading business. The bank also said on Thu

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StanChart to aid Dubai-US trade, investment

Dubai Economic Council (DEC) and Standard Chartered Bank have signed an MoU stipulating that the bank will advise, arrange and facilitate trade and investment flows between the public and private sectors based in Dubai and the US.

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StanChart holds key Menap conference

More than 100 key banking sector leaders from 15 markets from across the region are taking part in a major conference hosted by Standard Chartered in Turkey. The two-day Middle East, North Africa & Pakistan (MENAP) Bankers Con

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StanChart to hold job fair for UAE nationals

Standard Chartered is organising its first ever UAE National Job Fair aimed at identifying and recruiting high calibre talented young UAE Nationals willing to venture into the world of banking and finance. The event will be held o

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StanChart offers 'lowest rate' for balance transfer

Standard Chartered has announced a new offer that provides home buyers in the UAE with a 3.49 per cent rate on their mortgage balance transfer. The rate is the lowest in the UAE market, it said. The bank also waived

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StanChart offers 'lowest rate' for balance transfer

Standard Chartered has announced a new offer that provides home buyers in the UAE with a 3.49 per cent rate on their mortgage balance transfer. The rate is the lowest in the UAE market, it said. The bank also waived

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StanChart wins top awards for credit card

Standard Chartered won the ‘Best Credit Card’ and ‘Best Premium Card’ awards at the Smart Cards & Payments Awards Middle East, which was held recently at The Armani Hotel, Dubai. The ‘Standard Cha

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