Tuesday, September 30, 2014   

StanChart finance chief exits in major reshuffle
(01-09 18:10)

Standard Chartered said today finance director Richard Meddings is leaving at the end of June.
The London-based group also said the wholesale and consumer banking operations are being combined into one business from April and will come under Mike Rees. He becomes deputy group chief executive of the bank.
In a restructuring, the bank announced that Steve Bertamini, head of consumer banking, is also leaving.
Group Chief Executive Peter Sands said, the “reconfiguration’’ is critical to “reinvigorate our growth momentum. ‘’—The Standard


   
Other Business breaking news:
China eases home purchase restriction (3 mins ago)
Eurozone inflation drops, unemployment steady (21 mins ago)
Apple to launch iPhone 6 in China from October 17 (37 mins ago)
German unemployment rate steady in September: official data (1 hr 31 mins ago)
Hang Seng plunges ahead of holidays (1 hr 38 mins ago)
French public debt over 2.0 trillion euros for first time: data (09-30 14:59)
German retail sales climb in August (09-30 14:25)
China September PMI misses estimate: HSBC (09-30 14:05)
China clears way for Apple iPhone 6 sales: regulator (09-30 13:50)
Hang Seng falls by lunch (09-30 12:27)

More breaking news >>

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