Asia's Pacific

Standard Chartered Confirms Employee Detained by Police in China

Standard Chartered Plc (STAN) said Wu Yidian Eden, a relationship manager for its private banking business in China, has been detained by police.

“We are unable to comment on the reason for her detention -- this is a matter for the police,” Singapore-based spokeswoman Melissa Cheah said in an e-mailed response to queries today. “We can confirm that Standard Chartered is not being investigated.” Full story