Standard Chartered slashes dividend on profit slump
Asia-focused British bank Standard Chartered slashed dividends by 50 percent on Wednesday after profits plunged in the first half of the year, its first result under new leadership as it struggles to return to growth.
Aug 05, 2015, 17:38 PM ISTStanChart rules out share sale as profit plunges 25%
Standard Chartered ruled out plans to raise capital on Wednesday despite reporting a 25 percent slide in annual pretax profits on the back of soaring bad loans.
Mar 04, 2015, 15:50 PM IST