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Standard Chartered Faces £1.5 Billion UK Claim in Iran Sanction Case
Apr 24 2024 // Standard Chartered Plc is facing about £1.5 billion ($1.9 billion) worth of investor claims at a London trial over allegations it systematically breached Iranian sanctions to win new business. A London judge ruled on...
Standard Chartered Meets with British Authority Overt Indonesia Bribe Allegations
Sep 15 2017 // Standard Chartered was to meet Britain’s Financial Conduct Authority this week over allegations of corruption at an Indonesian power plant company majority-owned by its private equity arm, a source familiar with the...
Allianz Sets Its Sights on Asia-Pacific’s ‘Growth Engine’
Jun 21 2017 // Allianz SE, the German insurer that stemmed outflows at U.S. asset manager PIMCO, is now trying to bulk up on the other side of the world. “Asia is still a relatively small part of the overall global portfolio but it...
AIG ‘Smart’ Policy Uses Blockchain to Manage International Coverage for Bank
Jun 15 2017 // American International Group Inc. and Standard Chartered Bank plc announced they have successfully piloted what they say is the first multinational, “smart contract” based insurance policy using blockchain, a...
Allianz & Standard Chartered Form Bancassurance Partnership in Asia
Jan 19 2017 // Standard Chartered Bank and Allianz have formed a 15-year bancassurance partnership for the distribution of Allianz’s general insurance products, including travel, personal accident, fire and motor insurance...
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