Tag: Standard Bank Group

• Wednesday, August 15th 2012 - 08:57 UTC

  Standard Chartered reaches agreement with US regulators, pays 340m fine

  

  Standard Chartered has agreed a 340 million dollars settlement with New York regulators that accused it of hiding 250bn of transactions with Iran. The hearing that had been scheduled for Wednesday has now been adjourned.

• Friday, August 5th 2011 - 01:43 UTC

  China takes over South Africa’s Standard Bank network in Argentina

  

  Industrial and Commercial Bank of China Ltd (ICBC) announced Friday it would buy stakes in Standard Bank Argentina and another two institutions from Standard Bank Group Ltd for about 600 million dollars as it expands into South America as part of its global strategy that includes Europe, India and Pakistan.