- The Wall Street Journal•1 hour ago[$$] GE Declined to Renew Contracts Linked to Power Firm at Center of U.S. Probe of Standard Chartered
General Electric Co. has declined to renew contracts with a subsidiary of a power company in Indonesia controlled by Standard Chartered PLC, which is being investigated by U.S. authorities over bribery ...
- Reuters•6 hours ago
Standard Chartered said on Thursday it had started direct trading between the Chinese yuan, Saudi Arabia's riyal and the UAE's dirham, making it one of the first market-makers to trade those currency pairs in China's interbank market. Last week, the operator of China's foreign exchange trading platform said it had agreed to establish direct trading for the two pairs, starting on Sept. 26. Trading goods between the Gulf and China has grown rapidly in the last few years, although it has dropped off recently because of the weaker oil price.
- Reuters•8 hours ago
Wells Fargo & Co's unprecedented move to strip Chief Executive John Stumpf of $41 million in stock awards has sent a chill through Wall Street with bankers fearful that a hardening political climate against corporate wrongdoing will encourage boards to be more aggressive about making them forfeit pay. A sales practices scandal at Wells Fargo, where some of its employees opened as many as 2 million accounts without customers' knowledge to hit sales targets, could not have come at a worse time for the wider industry with politicians in Washington reviewing new rules on bank executive remuneration. "The Wells Fargo board made a mistake by not recouping some of the CEO's pay until after the firestorm developed," said Harvard Law School professor Jesse Fried.
Standard Chartered PLC (STAN.L)
LSE - LSE Delayed Price. Currency in GBp
|Bid||580.00 x 30000|
|Ask||639.00 x 134600|
|Day's Range||624.00 - 635.00|
|52wk Range||373.40 - 753.63|
|1y Target Est||N/A|
|P/E Ratio (ttm)||-533.22|
|Avg Vol (3m)||7,937,899|
|Dividend & Yield||N/A (N/A)|