Bloomberg Ajay Kanwal, the head of Standard Chartered Plc’s Asean and South Asian operations, left the bank after failing to disclose past personal investments. Kanwal said some of his disclosures about investments in businesses outside the bank didn’t meet the company’s “very high standards,” according to a statement from the lender on Monday. “Though I do not own these ...

  Bloomberg The Bank of Japan had its first loss since Haruhiko Kuroda became governor after the value of foreign currency assets fell, it wrote down bond holdings and set aside more money to cover potential future losses on its holdings of government debt. The bank posted a net loss of 200.2 billion yen ($1.8 billion) in the six months ...

  AFP The board chairman of Portugal’s troubled state-owned Caixa Geral de Depositos bank has resigned after weeks of pressure as he refused to declare his assets, the government announced late Sunday. Portugal’s Socialist government said it “regretted” Antonio Domingues’ decision, adding he would not leave his post until the end of December. A finance ministry statement said the government ...