Standard Bank examining metals financing in China

Jun 06, 2014 | 10:36 AM | Andrea Hotter

Tags  Standard Chartered, Standard Bank, Qingdao, copper, aluminum, alumina, warehouse probe, Tan Hsueh Mei China

NEW YORK — Standard Chartered Bank is reviewing its provision of metals financing to some companies in China amid a local investigation into alleged fraudulent documentation.

"We are not pulling back from providing commodity (metals) financing, nor are we pulling back from China, which is a key market for the bank," Tan Hsueh Mei, acting head of....

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