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StanChart makes ‘digital fray’ in Ivory Coast

Bloomberg In the Ivory Coast, Standard Chartered Plc may have found its template for the future of banking. Didier Drogba, the retired Ivorian soccer star, was drafted as a “digital bank ambassador” on social media. Fifteen months later, more than 18,000 of his compatriots have signed up for digital-only accounts, outstripping the London-based lender’s early targets. Ivory Coast is just ...

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Lloyds fined $58mn by FCA over HBOS scandal

Bloomberg Lloyds Banking Group Plc’s Bank of Scotland unit was fined $58 million by UK’s finance regulator over a scandal at the bank’s Reading division that siphoned millions from failing businesses a decade ago. The company “failed to alert the regulator and the police about suspicions of fraud at its Reading branch when those suspicions first became apparent,” the Financial ...

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Pilots’ union appeals to Boeing chief for Max simulator time

Bloomberg The union for American Airlines Group pilots is redoubling its push for time in a Boeing 737 Max simulator, saying aviators should be given access before the grounded plane returns to service. Dan Carey, a veteran American pilot and head of the Allied Pilots Association (APA), appealed to Boeing Chief Executive Officer Dennis Muilenburg a day after testifying before ...

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