trending Market Intelligence /marketintelligence/en/news-insights/trending/SlYMwRy1E-dd3T_VPDxBzQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: StanChart launches probe into bankers' conduct

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Report: StanChart launches probe into bankers' conduct

StandardChartered Plc is scrutinizing employees' expense reports as part ofan investigation into bankers' conduct, Bloomberg News reported April 29,citing "people with knowledge of the matter."

The probe has led to the departure of several Dubai-basedbankers in the last six months, including at least three managing directors forpersonally lending money to colleagues, violating internal compliance rules,Bloomberg noted.

The bank has been making efforts to improve controls,expenses and risk management, following fines for money-launderingviolations andbreaching sanctionson Iran.