Standard Chartered PLC Hit by US$2.7bn 1MDB Lawsuit as It Accelerates Capital, Green Finance and Digital-Asset Push – 24 November 2025
On 24 November 2025, Standard Chartered PLC finds itself in a paradoxical position: facing a major legal challenge in Singapore linked to the 1MDB scandal, while simultaneously showcasing strength in capital, sustainability, and digital innovation across its key markets. From a US$2.7 billion lawsuit being allowed to proceed, to early compliance with Nigeria’s new capital rules, a Green Halal pilot in Malaysia, fresh digital‑asset initiatives in Hong Kong, and a new private‑banking leadership appointment in North Asia, the London‑listed lender is at the centre of multiple storylines that matter to investors and regulators alike. theasianbanker.com+4Reuters+4TheCable+4 Singapore court clears US$2.7 billion