Standard Bank probes irregularities

Comment on this story
StandardBank1111 REUTERS

London - Standard Bank has started an investigation into potential irregularities at Qingdao port in China, the South Africa-based bank said on Tuesday.

“Standard Bank Group is not yet in a position to quantify any potential loss arising from these circumstances,” it said in a statement.

The bank “will be working with the local authorities as part of its investigations”, it added. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.