REGULATORS in Europe and Asia are investigating Standard Chartered (StanChart) over the role staff may have played in transferring US$1.4 billion of private bank client assets from Guernsey to Singapore before new tax transparency rules were introduced, sources said.

IN COOPERATION with insurance company Prudential Indonesia, Standard Chartered Bank Indonesia has launched Versalink Capital Protection bancassurance to support its goal to achieve double-digit growth in its fee-based income this year.