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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The Capital Markets Authority yesterday moved to assure investors that the securities held under Genghis Capital, a subsidiary of troubled lender Chase Bank, are in safe custody.
On Tuesday, Genghis Capital, which provides stockbroking services, informed its stakeholders and clients that the company could not move funds held under trust in Chase Bank and was thus unable to make payments.
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