Wednesday, September 26, 2018 - 11:26:56

Standard Chartered

WEF ASEAN: Asia has strong fundamentals

World

WEF ASEAN: Asia has strong fundamentals

Asia has strong fundamentals for long-term growth despite trade tensions, dollar strengthening and demographic challenges casting a shadow on the outlook for strong global growth.

M&As in banking sector encouraged

Business

M&As in banking sector encouraged

The Government plans not to license any more wholly foreign-owned banks in Vietnam but encourages foreign banks to buy weak domestic banks, said Deputy Prime Minister Vuong Dinh Hue.

Singapore fines Standard Chartered Bank, Trust

World

Singapore fines Standard Chartered Bank, Trust

The Monetary Authority of Singapore (MAS) announced on March 19 it has imposed fines of 5.2 million SGD (about 3.95 million USD) on the Singapore branch of Standard Chartered Bank (SCBS), and 1.2 million SGD (about 910,000 million USD) on Standard Chartered Trust (Singapore) Limited (SCTS).