All stories by Lawrence White
Standard Chartered finds diamonds no longer a bank's best friend
Rediff.com14 Jun 2016Standard Chartered said it will stop providing financing to parts of the diamond and jewellery industries as part of a review of its exposure to risky sectors.
StanChart to axe 15,000 jobs, raise $5.1 billion in turnaround plan
Rediff.com3 Nov 2015This is part of an 'aggressive and decisive set of action' to shore up the company.
HSBC to cut up to 50,000 jobs, slash investment bank
Rediff.com9 Jun 2015The job cuts will affect almost a fifth of the bank's workforce.
Standard Chartered to axe 4,000 retail bank jobs globally
Rediff.com8 Jan 2015As part of a cost-cutting plan, the bank is now dismantling its stock broking, equity research, and equity listing desks worldwide.