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The Latest Breaking News from Standard Chartered

UK’s largest lenders no longer ‘too big to fail’, says Bank of England

Assessment finds customers could access accounts despite any collapse but three banks have shortcomings

The Guardian - UK

Bank of China Joins Four Global Institutions in Green Banking Initiative

Cornerstone banks also include Citigroup, Credit Agricole, HSBC and Standard Chartered in project led by Hong Kong Monetary Authority and International Finance Corporation

Caixin Global

Rupee may fall to a new record low on worsening current account

NEW DELHI: The worst is still to come for the Indian rupee after its slide in May to a historic low, according to analysts and forward markets.

The Times of India

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US banks move billions for fugitives, corrupt foreign officials and criminal groups

During his rise as one of Russia's richest oligarchs, Roman Abramovich poured much of his wealth into the west, amassing luxury homes, multimillion-dollar paintings, private jets and thoroughbreds.

Tribune News Service

Lloyd’s of London attempts to shift AGM online to avoid climate protesters

Insurance market chair urges members to attend virtually owing to ‘significant risk’ activists will disrupt meeting

The Guardian - UK

Liverpool owners in talks over £950m takeover of AC Milan as exclusive negotiations lapse

Red Bird Capital, who last year purchased 10% of FSG, have spoken to investment firm looking to sell Serie A club, while Liverpool test water over new shirt sponsor

Daily Mirror

Liverpool release 2022/23 home kit with fresh name and number style

Liverpool have revealed their home kit for the 2022/23 season and Jurgen Klopp's team will be donning a new style of name and number on the back of their Nike shirts

Daily Mirror

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Blow for Barclays as 20% of shareholders reject climate strategy

Bank plan meets opposition after environmental protesters disrupt AGM in Manchester

The Guardian - UK

Barclays and Standard Chartered shareholder meetings disrupted by protests

Barclays chairman Nigel Higgins was repeatedly interrupted by climate change activists in the audience.

The Independent UK

Extinction Rebellion protesters send Barclays' AGM in Manchester into chaos

One woman in the audience reportedly glued herself to a seat as security was called in at Manchester Central

Manchester Evening News

Liverpool in talks over record-breaking £80million-a-year new shirt sponsorship deal

The Reds have seen their commercial enterprise grow enormously in the past few seasons, and they are now said to be seeking a record shirt sponsorship deal when their current agreement ends at the end of next season

Daily Mirror

FSG given massive shirt sponsorship and Nike bonus with new Jurgen Klopp contract at Liverpool

Jurgen Klopp has signed a new contract at Liverpool until 2026

Liverpool Echo

Man City hit by injury blow as new Liverpool shirt sponsor options emerge

Your Liverpool FC morning headlines as title rivals Manchester City dealt injury blow and new shirt sponsor options weighed up

Liverpool Echo

Liverpool shirt sponsorship latest as Standard Chartered option emerges for FSG

Liverpool are testing the sponsorship market to find out the true value of their main partnership

Liverpool Echo

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Birmingham Post

Liverpool sound out potential main shirt sponsors as £70m cryptocurrency company deal mooted

The Reds launched their first NFT collection last month

Liverpool Echo

Liverpool consider crypto firms and other big industries for '£70m' shirt sponsorship deal

Liverpool are understood to be engaging in conversations with potential shirt sponsors for 2023 onwards

The Guardian - UK

Vote down executive pay at Barclays and Standard Chartered, investors told

Rebellions loom as Glass Lewis advises banks’ shareholders to reject higher base pay and excessive pensions

Liverpool Echo

What Premier League title prize money is worth ahead of Liverpool showdown with Man City

Liverpool could earn millions more should they beat Manchester City to the Premier League title

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Bangkok Post

StanChart sees no rate hike until 2023

Standard Chartered Bank (Thai) expects the Bank of Thailand to start taking a hawkish stance on the policy rate in June, though an actual rate hike might have to wait until the second half of next year.

Bangkok Post

Carbon neutral quest

Setting net-zero targets has moved higher on many Asian corporate agendas.

The Guardian - UK

Standard Chartered bankers share $1.37bn bonus pot

Payout 38% up on 2020, with bonus pots at HSBC, Barclays, Lloyds and NatWest expected to be just as large

The Guardian - UK

Many UK exporters say Brexit trade deal hurts business; price rises loom; US jobless claims rise – as it happened

Rolling coverage of the latest economic and financial news

Reuters

Nigeria eyes Standard Chartered rail project loan after Chinese hold up

Nigeria has approached Standard Chartered Bank for funding of two rail projects, its Transport Minister Rotimi Amaechi said on Wednesday, after delays from Chinese lenders.

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