Standard Chartered to Cut 1,000 Senior Managers
Under new CEO Bill Winters, the U.K.-based bank has been streamlining operations amid a slumping share price and tighter regulation.
Restructuring Gaining Steam at European Banks
Credit Suisse, Standard Chartered and Deutsche Bank are among the banks that are overhauling themselves after losing ground to U.S. banks.
N.Y. Sanctions Bank Consultant Promontory
Two-year investigation finds that Promontory 'exhibited a lack of independent judgment' in assessing allegations against a U.K.-based bank.
S&P Kicks Off European Bank Downgrades
The EU's bank-resolution law, which requires creditors to take losses before the government steps in, will lead to more ratings actions.