Standard Chartered

Winters has since apologized for his choice of words, while adding that the phrase was taken out of a wider, more nuanced context

Winters wrote in a LinkedIn post on Friday that he recognized his 'choice of words' has 'caused upset to some colleagues'

Bill Winters' remarks on using artificial intelligence to replace 'lower-value human capital' triggered a sharp backlash on social media

London-headquartered bank said it would cut corporate functions roles by more than 15 per cent by 2030 and scale practical uses of AI to streamline processes

De Giorgi's departure in February to join Apollo Global Management Inc was unexpected for investors and analysts, who viewed him as a key figure behind the bank's cost-cutting effort

UK-headquartered Standard Chartered Bank, as part of its retail business strategy, had earlier said it would not push standalone credit cards in India

British bank Standard Chartered has a large presence in the United Arab Emirates, with Dubai now a large financial hub for leading international banks including JPMorgan and HSBC

India will require annual investments of up to $300 billion from corporates to meet net-zero goals, even as most companies have adopted climate strategies, a Standard Chartered report said

De Giorgi, who joined the bank in September 2023, will take on a role at Apollo Global Management Inc. as a partner and head of Europe, the Middle East and Africa

To compete, lenders including Standard Chartered Plc and Barclays Plc, are looking to widen their onshore offerings to appeal to Indian corporates shifting their borrowing to rupees

This marks the first-ever commercial aircraft financing transaction structured with a GIFT City borrower, setting a precedent for India's emerging aviation finance ecosystem

The loan comes after an Air India plane crash in June was one of the worst aviation accidents in the country, initially causing talks for fund raising to slow

Larsen & Toubro (L&T) has secured a $700 million sustainability-linked trade facility with Standard Chartered, tied to carbon and water targets, reinforcing its commitment to green business practices

Standard Chartered India will focus on cultivating multi-product retail relationships and cross-selling to affluent clients while consolidating branches into large priority centres

A Standard Chartered report shows over 40 per cent of global firms plan to increase trade and investment in India, citing its fast-growing economy, large market, and favourable business reforms

Standard Chartered already offers crypto products, including trading, via two independent subsidiary companies: Zodia Markets and Zodia Custody

The claimants allege that Standard Chartered Bank permitted more than 100 intrabank transfers between 2009 and 2013 that helped to conceal the flow of stolen funds

I see that in India, manufacturing is certainly growing, and services continue to be a very important and big driver of the economy, says Wen

Standard Chartered and HSBC say Indian equities are supported by strong macro fundamentals, domestic inflows and government spending despite global uncertainty

While acknowledging that valuations appear stretched, Standard Chartered noted that Nifty's 12-month forward P/E ratio of 20.6x is above its long-term average of 18.2x but still below recent peaks.