Standard Chartered Bank

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  Eurozone Data Indicate ‘New Recession’: Markit

  By Marlene Y. Satter, AdvisorOne  |  October 1, 2012

  Factories saw demand fall and countries saw unemployment rise from July through September as Markit Economics said the activity—or, rather, lack of it—indicated a “new recession.”

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  Standard Chartered to Pay $340M Over Iran Laundering Allegations

  By Michael Virtanen, Associated Press  |  August 14, 2012

  The settlement resolves an investigation into whether the British bank schemed with the Iranian government to launder $250 billion from 2001 to 2007.

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  New York Regulator Threatens to Suspend Standard Chartered Over Iran Dealings

  By Marlene Y. Satter, AdvisorOne  |  August 7, 2012

  The New York Department of Financial Services has warned the British bank Standard Chartered that it could be suspended from doing business in the state over charges that it violated money-laundering laws in dealings with institutions in Iran that are subject to U.S. economic sanctions.

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  Southern Eurozone’s Woes Simmer On

  By Marlene Y. Satter, AdvisorOne  |  June 13, 2012

  Despite a weekend bailout for Spain’s banking sector that was meant to reassure investors, markets continued to punish the southern eurozone.

• Investors Say No to Greek Bond Restructuring

  By Marlene Y. Satter, AdvisorOne  |  April 2, 2012

  Investors holding Greek sovereign debt issued under foreign laws and denominated in dollars, euros, Swiss francs and yen said no to a Greek restructuring plan, leaving the country to find another way through its debt maze as it seeks to avoid outright financial collapse.

• Ireland to Use Bond, Not Cash, to Make Payment

  By Marlene Y. Satter, AdvisorOne  |  March 30, 2012

  Ireland will make a scheduled payment of 3.1 billion euros to the Irish Bank Resolution Corp. at the end of March with a bond, not with bailout cash.

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  Metals & Markets Showing Further Divergence

  By Janet Levaux, AdvisorOne  |  March 16, 2012

  In recent weeks, the prices of key metals have fallen sharply from recent highs; meanwhile, major stock indexes have moved up nicely.

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  China Inflation Rate Is Fastest in Three Years

  By Marlene Y. Satter, AdvisorOne  |  August 9, 2011

  China's inflation rate for July hit 6.5%, its highest in three years, despite Beijing's best efforts to control it through required reserves for its banks and increased interest rates—five just since October.