Standard Chartered shares plunge on laundering charges
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Standard Chartered shares plunge on laundering charges

Shares of Standard Chartered have tumbled despite the bank denying allegations that it illegally “schemed”…

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Indonesia Q2 GDP data may show growth slowing
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Indonesia Q2 GDP data may show growth slowing

JAKARTA: Indonesia’s sizzling economy is starting to cool and show dents in its resilience to…

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Rolling out red carpet for central bankers
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Rolling out red carpet for central bankers

NEW YORK – The U.S. Federal Reserve and the European Central Bank both meet next…

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NBP blazes the trail
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NBP blazes the trail

ISLAMABAD – The National Bank of Pakistan (NBP) has become the first ever bank of…

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MCB Bank named ‘Best Bank in Pakistan’
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MCB Bank named ‘Best Bank in Pakistan’

KARACHI: MCB Bank has been named ‘Best Bank in Pakistan’ by the UK based magazine,…

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Mansha gazes beyond borders
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Mansha gazes beyond borders

KARACHI – Pakistan’s richest man has applied to open Pakistani bank branches in India for…

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HSBC used by ‘drug kingpins’, says US Senate
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HSBC used by ‘drug kingpins’, says US Senate

HSBC provided a conduit for “drug kingpins and rogue nations”, according to a US Senate…

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Banks face billions more in Libor losses
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Banks face billions more in Libor losses

NEW YORK – Banks implicated in the Libor-fixing scandal will likely take billions more in…

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Standard Chartered inaugurates flagship Islamic Banking Branch
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Standard Chartered inaugurates flagship Islamic Banking Branch

KARACHI – As part of Standard Chartered’s commitment to provide high quality Shariah-compliant banking products…

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Ahmed new head of Standard Chartered‘s consumer banking
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Ahmed new head of Standard Chartered‘s consumer banking

KARACHI – The Standard Chartered Bank has appointed Raheel Ahmed as its regional head of…

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Two international banks to start operation soon: Yaseen
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Two international banks to start operation soon: Yaseen

KARACHI: The Governor of State Bank of Pakistan, Yaseen Anwar on Wednesday said two more…

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NBP ranked top bank of Pakistan
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NBP ranked top bank of Pakistan

KARACHI: National Bank of Pakistan (NBP) has been ranked by “The Banker” as the top…

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Branchless banking continues to show rising trend
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Branchless banking continues to show rising trend

KARACHI: Branchless Banking (BB) continued to show a rising trend in January-March 2012 of the…

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Italy’s bailed-out BMPS bank to reduce workforce by 4,600
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Italy’s bailed-out BMPS bank to reduce workforce by 4,600

MILAN: Italy’s Banca Monte dei Paschi di Siena, the world’s oldest bank, said on Wednesday…

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BoK shows historic growth
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BoK shows historic growth

ESHAWAR: The management of the Bank of Khyber (BoK) has performed well and showed historic…

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