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StanChart to buy Morgan Stanley India wealth management arm

REUTERS - Standard Chartered( STAN.L ) has agreed to buy the Indian wealth management unit of Morgan Stanley( MS.N ), helping the British bank expand its private banking business in Asia's..
Firstpost 2 days agoAlso reported by •Reuters IndiaIndian Express
News article

Morgan Stanley to sell India wealth management unit to StanChart

Morgan Stanley said on Monday it has signed an agreement to sell its Indian wealth management unit to Standard Chartered. Financial terms of the deal were not disclosed.
Firstpost 2 days agoAlso reported by •Reuters India
News article

StanChart to acquire Morgan Stanley's private banking arm

stanchart to acquire morgan stanley's private banking armStandard Chartered India on Monday said it has agreed to acquire the private wealth management business of Morgan Stanley India for an undisclosed amount, subject to regulatory approvals.
IndiaVision 2 days ago

News article

ATM heist: India's IT sector in unwelcome spotlight

*A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial..
Deccan Herald 1 week ago

News article

India outsourcing under scanner after $45-mn global ATM heist

*Outsourcing of jobs by global financial institutions to Indian shores has come under scanner, with the perpetrators of a USD 45-million worldwide ATM heist apparently breaching computer systems of a..
Deccan Herald 2 weeks ago

News article

Stanchart sees Q1 profit decline on increased costs

HONG KONG (Reuters) - Standard Chartered said on Wednesday its first quarter operating profit was likely to be slightly lower than a year ago as an increase in hiring, and wages, pushed up costs.
Reuters India 2 weeks ago

News article

RBI may sweeten rate cut with lower reserve ratio, dovish talk

*The Reserve Bank of India may sweeten its expected 25 basis point interest rate cut on Friday with a similar reduction in the cash reserve ratio to ease tight market liquidity conditions as..
Deccan Herald 3 weeks ago

News article

HSBC, Standard Chartered and Vodafone all underpaid taxes last fiscal, Chidambaram says

hsbc, standard chartered and vodafone all underpaid taxes last fiscal, chidambaram saysFinance Minister P. Chidambaram said that 27 companies underpaid taxes in the last fiscal year after they sold shares to their overseas arms too cheaply.
MailOnline India on April 27, 2013

News article

27 cos underpaid tax in share transfers

* The government said 27 companies, including the local units of HSBC, Standard Chartered and Vodafone, underpaid taxes in the last fiscal year after they sold shares to their overseas arms too..
Deccan Herald on April 27, 2013

News article

India says 27 firms underpaid tax in share transfers in last fiscal year

REUTERS - India said 27 companies, including the local units of HSBC ( HSBA.L ), Standard Chartered ( STAN.L ) and Vodafone ( VOD.L ), underpaid taxes in the last fiscal year after they sold shares to..
Firstpost on April 26, 2013Also reported by •Reuters India

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