Friday 24 February 2017
 
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Standard Chartered

Ageing – Passing the baton to Asia

The ageing phenomenon has been a dominant feature of Western economies over the past few decades, but Asian economies will age the most rapidly in the next phase, with China, Thailand, Korea, Singapore and Hong Kong set to age fastest.

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Standard Chartered launches Islamic saving accounts

Standard Chartered Bank, a leading multinational banking and financial services company, has announced the launch of Islamic saving accounts for its corporate and institutional clients in the UAE. The announcement was made at an e

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StanChart appoints new head of banking, UAE

Standard Chartered has appointed Mohamed Salama as head of banking, UAE. His appointment is effective immediately. Salama will report directly into Sarmad Lone, head of banking, Menap with a reporting line into Julian Wynter, CEO,

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StanChart names new MEA finance chief

Leading global bank Standard Chartered has appointed Mohamed Abdel Bary as the new chief financial officer for Middle East and Africa (MEA) region with immediate effect. Mohamed has been with the bank for the last four years, havi

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Global equities ‘under significant risk’

With the US economy likely late in its cycle, equity markets fully valued and increased volatility following the Brexit decision, there are significant risks to the outlook for global equities, an industry expert said. “Our

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StanChart names corporate banking head

Standard Chartered has appointed Simon Cooper as CEO, Corporate and Institutional Banking (CIB) from April 2016. Cooper joins the Group from HSBC, where he is currently Group managing director and chief executive of Global Commerc

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StanChart appoints CEO for Islamic banking

Standard Chartered has appointed Rehan Shaikh as chief executive of Standard Chartered Saadiq, the bank's global Islamic banking business, it said in a statement on Wednesday. Shaikh moves from Dubai Islamic Bank, where he was

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Standard Chartered audit head to become UAE chief executive

Standard Chartered has picked Julian Wynter, group head of internal audit, as UAE chief executive, two sources told Reuters on Monday. Wynter is likely to take charge in August after the departure of current UAE chief executive Mo

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Global economy ‘to grow at 3.1pc this year’

Global economic growth of is projected at 3.1 per cent this year, with economies in Asia, Sub-Saharan Africa, the Middle East and Latin America contributing more than half of this growth, a report said. The US and the euro area ar

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StanChart unit to invest $175m in Nuqul’s FINE

A Standard Chartered Private Equity (SCPE) led consortium has invested $175 million for a significant minority stake in FINE, a leading integrated tissue manufacturer across the Middle East and North Africa (Mena) region. The majo

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