SC First

Sometimes, when you go along to an evening talk, you are looking forward to the networking rather than the substance of what the speakers will be saying. Perhaps you think you won’t learn much, and you’re going along out of a vague sense of duty, because other people will expect you to be there. Well, […]

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A look back at 2011 – part 3

by Philip Gowman 31 December 2011
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In the final part of our look back at 2011, we summarise some of the news stories which caught our eye. China This year the region’s biggest economy continued flexing its muscles: it conducted the first test flight of its new stealth fighter, announced that it had deployed stealth missile speedboats in the East China […]

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SC First Bank workers demonstrate in London

by Philip Gowman 27 July 2011
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Someone just told me the Korea Standard Chartered Unions were protesting outside FSA. Popped out to talk to them, but within only five minutes they had already dispersed. Apparently there were only four of them – easy for the Canary Wharf security staff to deal with. #. Last month, when they started their strike, the […]

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Korean unions target Standard Chartered and KEB

by Philip Gowman 23 June 2011
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"There is a serious attempt … to tarnish StanChart’s reputation" in Korea. (FT) http://on.ft.com/jWUhFl #. Continuing the theme: Korean Bankers Take to the Streets – a good summary of what's going on at KEB and SC First right now http://on.wsj.com/l5WXBV # Keywords: Companies: KEB | SC First

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Rumours about SC First Bank sale can’t be true

by Philip Gowman 28 May 2011
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"Rumors say Standard selling SC First". Doesn't sound right. Standard Chartered sounded very bullish about SC First the other day when the Anglo-Korean Society visited for a viewing of their art collection. http://bit.ly/jWBtPV # Keywords: Companies: SC First Organisations and venues: British Korean Society

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AKS visit to Standard Chartered art collection

by Philip Gowman 18 May 2011
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Just returned from Anglo-Korean Society visit to Standard Chartered art collection. No Korean art. But learned about their hot-desking and recycling policies #. Evening rescued by interesting talk by AKS treasurer about the development of SC First Bank since Standard Chartered acquisition. # Keywords: Companies: SC First Organisations and venues: British Korean Society

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AKS members-only visit to Standard Chartered HQ

by Events Editor 29 April 2011
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Here’s your excuse to join the Anglo-Korean Society, which you have been meaning to do for a while. Tour of Standard Chartered Bank 1 Basinghall Avenue, London, EC2V 5DD Wednesday 18th May 2011. 6.00pm for 6.30pm Walk into Standard Chartered’s London Head Office; you will find a piece of Asia transplanted into the Square Mile. […]

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Foreign bank first half results

by Philip Gowman 7 September 2006

Korea’s foreign banks had a rosier first half of 2006, after a not too hot full year 2006, where the results were hit by poor positioning in their interest rate books – they were caught out by interest rate increases. Below are the results for the first six months, compared with the same period last […]

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Standard Chartered steers clear, UBS plunges in

by Philip Gowman 11 August 2006

As reported by the FT earlier this week, Standard Chartered have decided not to pursue their interest in LG Cards any further. Given the increasing number of households in Korea who can’t make ends meet, this is surely a prudent step: according to the Korea Times, spending exceeds income for 28 percent of households. The […]

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Korea and foreign investment

by Philip Gowman 30 March 2006

Standard Chartered Bank chairman Brian Sanderson, in a recent meeting with Roh Moo-hyun, said SCB’s experience in Korea had been positive so far. It will be remembered that SCB bought Korea First Bank, South Korea’s eight-largest lender, from US private equity firm Newbridge Capital and the Korean government for around $3.2bn a year ago, sneaking […]

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