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STAN DEAL
Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...- Corporate job better than influencer life? Creator wants to leave social media career for office work. Her reason is unexpectedDubai-based Indian-origin influencer Twinkle Stanly has revealed that she wants to return to a corporate job after spending nearly two year...
- Federal Bank to acquire 4.5 lakh Standard Chartered card portfolioFederal Bank is set to acquire a significant credit card portfolio from Standard Chartered Bank. This deal involves approximately 450,000 c...
- Standard Chartered to sell bulk of Indian credit cards to Federal BankStandard Chartered is selling a significant portion of its Indian credit card portfolio to Federal Bank. This move aligns with Standard Cha...
- Quote of the Day by Eminem: 'Behind every successful person lies a...'—Inspiring quotes by the real slim shady, the 'King of Rap'Quote of the Day: Eminem's powerful quote highlights a universal truth. Success often brings criticism, a sign of making an impact. His jou...
- Kotak Mahindra, Federal Bank line-up to acquire StanChart's India credit-card-only customers; Offer review underwayStandard Chartered is considering offers from Kotak Mahindra Bank and Federal Bank for its Indian credit card customers. This move aligns w...
- Boeing CEO Dave Calhoun to step down in management shakeup amid safety crisisBoeing Co CEO Dave Calhoun will step down by year-end amidst a management shakeup triggered by safety concerns following a mid-air panel bl...
- Marvel Studios signs 20-year deal to license comic legend Stan Lee's name and likeness for future projectsLee became a favourite of new-age fans who would recognise him through his funny cameos in Marvel films.
- StanChart to become top M&A advisorySize indeed matters. The celebrated Bharti-Zain deal, the second- largest cross-border transaction, would easily make Standard Chartered Ba...
- StanChart set to buy RBS' SME business in India, China, MalaysiaStandard Chartered is set to seal a deal to buy Royal Bank of Scotland’s retail and small and medium enterprises (SME) operations in India,...
- StanChart stands to gain $100 million as feesMerrill Lynch and Deutsche Bank are advising MTN while Standard Chartered Bank is Bharti’s advisor in its quest to strike the country’s mos...
- IDFC to acquire Standard Chartered Mutual Fund for $205 mnIDFC is said to have initially bid $175 mn, but reportedly revised its bid to around $205 mn. Shinsei is also said to have bid around $200 ...
- StanC AMC marathon: IDFC, Shinsei lead raceThe race to acquire Standard Chartered Mutual Fund has entered the last leg, with IDFC and Japanese group Shinsei emerging as frontrunners ...
- Seven suitors line up for StanChart’s MF businessThe race for Standard Chartered Mutual Fund is in the last lap, with around seven suitors in the fray, including Credit Agricole, Shinsei a...
- StanChart-American Express deal stumbles upon regulatory hurdleRBI is categorical that an NBFC can issue cards only if there is a tie-up with a bank which holds the credit risk.
- StanChart likely to call off AMC deal with UBSStandard Chartered is likely to call off the deal with Swiss giant UBS to take over its asset management operations in India.
- UBS bid to buy StanChart AMC may run into a wallRBI cites bar on the Foreign Investment Promotion Boards transferring shares without its clearance. Heard on the street | Analysts' picks |...
- Stanchart calls off Bank of Bahrain dealRBI’s refusal to transfer branch licences triggers the move. Gulf bank may retain business.
- ‘Indian cos currently don’t need to tap mezzanine route’Indian corporates have barely scratched the surface for mezzanine financing - a route which some of them are considering to fund their big-...
- UBS to enter India via StanChart MF buyET had first reported that Aviva had walked out of the race and UBS would takeover the AMC.
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