DAVOS: Prime Minister Sharif on Wednesday during his meetings with several business leaders said that Pakistan was an attractive destination for foreign investors that offered security and attractive returns. The prime minister expressed these views in a meeting with Group Chief Executive Officer of Standard Chartered Bank Jose Vinals on the sidelines of the 47th World Economic Forum. He said that Pakistan had made a remarkable recovery and all its economic indicators were positive. Mr. Vinals said Pakistan was an…
Standard Chartered (STAN.L) has notified thousands of UAE small and medium enterprise customers it is closing their accounts as it responds to pressure from US regulators to cut its risks following an anti-money laundering settlement.
HONG KONG: Standard Chartered Plc has suspended some of its Hong Kong banking operations, including over-the-counter services and check deposits, until further notice due to "situations in certain areas", the Asia-focused lender said on Monday.
LONDON: Pakistan's ministry of finance has selected Citigroup, Deutsche Bank, Dubai Islamic Bank and Standard Chartered as bookrunners for a US dollar sukuk offering, according to a ministry official who asked not to be identified.