Bloomberg Standard Chartered Plc can finally start to move beyond its woes in India. The London-based lender is set to receive a $2.1 billion repayment in the next few weeks from Essar Global, the steel-to-power conglomerate that’s been one of its most problematic borrowers in the country, people with knowledge of the matter said. Standard Chartered may be able ...

  Bloomberg Banks should be given three to five years until new accounting rules for loan losses have an impact on regulatory capital, according to the Basel Committee on Banking Supervision. Accounting standards that require banks to set aside money for expected bad-loan losses will enter into force in 2018 in most of the world, and in 2020 in the ...

  Dubai / Reuters Commercial Bank of Qatar (CBQ) swung to a third-quarter net loss, it reported late on Tuesday, as the Gulf Arab state’s third-largest lender by assets was forced to set aside more cash to cover bad loans. The results, the first since the appointment of former Australia and New Zealand Banking Group banker Joseph Abraham as chief ...