LON:STAN

Monetary Authority of Singapore says the banks failed to control money-laundering related to the 1MDB scandal.

Tata Steel has claimed that it has already contacted 190 potential buyers.

Standard Chartered and BHP drag FTSE lower as oil prices tumble again, while LSE shares soar after merger talks.

Bank wrote off $1.8bn in restructuring spending and impairment costs doubled to $4bn.

Marshall Wace disclosed a short position on the stock as bank is expected to post worst results since 2004.

UK and European stocks set to end a three-day losing streak as banking stocks gain and oil prices rebound.

Goldman Sachs, RBS and Morgan Stanley too are ultra-bearish about oil prices.

Standard Chartered is reported to be among the banks suspended from foreign exchange business by the PBoC.

Barclays is to cut at least 50 jobs in South Korea and Taiwan as part of a global restructuring plan

HSBC, Barclays, Lloyds, Nationwide and Santander cleared the BoE stress test.

Bill Winters's total holding in the bank has now increased to 229,034 shares worth about £1.4m.

Analysts however say the bank needs $10bn as it awaits results of stress test by central bank.

The move follows the bank's decision to exit institutional cash equities, equity research and equity capital markets that would help it save $100m.

CEO Jaspal Bindra and Viswanathan Shankar, head of Europe, Middle East, Africa and Americas have already left.