Posts Tagged: Standard Chartered Plc


Financial Times
UK banks' profits hit by soaring litigation costs
Financial Times
Misconduct fines, compensation and related legal costs will constrain the biggest UK banks' profitability for at least another two years, according to fresh research that underscores the effect of a series of scandals that have tarnished the reputation
Moody's: Litigation charges continue to constrain large UK banks' profits as they increase 40% in 2015Moodys.com (press release) (subscription)

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China is experiencing its slowest growth in 25 years, but the government is holding fire on its giant stimulus bazooka. The governor of the People’s Bank of China says expects “relatively prudent” monetary policy.

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