Standard Chartered sees bitcoin hitting $100,000 by next year
- 08-Sep-2021
A new cryptocurrency research team at Standard Chartered has predicted bitcoin will double in value and hit $100,000 by early next year and that it could be worth as much as $175,000 longer-term. The bank also said it “structurally” valued Ethereum, the second-most traded crypto asset, at $26,000-$35,000 although to reach that level bitcoin would […]
Stay off Zoom, bank chief tells staff
- 15-Apr-2020
“Zoombombing” incidents have rattled all kinds of users, as hoards of business people, students, families and friends flocked to the service to stay connected
Pakistan a secure destination for foreign investors: PM
- 18-Jan-2017
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 […]
Standard Chartered readies to close thousands of UAE accounts as U.S. deadline looms
- 20-Oct-2014
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.
Standard Chartered suspends certain Hong Kong operations
- 29-Sep-2014
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.
Finance Ministry hires banks for US dollar sukuk
- 02-Sep-2014
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.