Standard Chartered makes case European equities
European equities and RMB bonds are among the favourite investment classes at Standard Chartered Bank, said Steve Brice, chief investment strategist, group wealth management.
European equities and RMB bonds are among the favourite investment classes at Standard Chartered Bank, said Steve Brice, chief investment strategist, group wealth management.
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Standard Chartered may face legal action in the United Arab Emirates after the New York Department of Financial Services reached an agreement with the bank on Tuesday for it to exit high-risk client relationships within certain business lines in its UAE branches.
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London headquartered bank Standard Chartered has been accused by New York States financial watchdog of hiding 60,000 transactions worth $250bn with the Iranian government, which it said left the US financial system vulnerable to terrorists, weapons dealers, drug kingpins and corrupt regimes.
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