|Bid||83.500 x 0|
|Ask||83.550 x 0|
|Day's Range||83.200 - 83.600|
|52 Week Range||71.000 - 94.800|
|PE Ratio (TTM)||45.50|
|Forward Dividend & Yield||0.86 (1.06%)|
|1y Target Est||84.86|
Standard Chartered Plc is preparing a new ad campaign as part of a drive to reinvigorate its brand under the slogan “Good enough will never change the world,” people familiar with the project said. The multimedia campaign is scheduled to be rolled out across the Asia-focused bank’s most important markets later this year, said the people, who asked not to be identified because the plan is private. Chief Executive Officer Bill Winters, who’s now in his third year in charge, also wants to improve the bank’s sustainable and green credentials as part of his legacy, the people said.
Standard Chartered PLC’s (LSE:STAN) most recent earnings update in December 2017 showed that the business turned profitable again after incurring negative earnings in the last financial year. Below, I’ve laidRead More...
Divya Devesh, Asia FX strategist at Standard Chartered Bank, discusses the ruble's rebound and emerging market currencies on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
Standard Chartered PLC (LSE:STAN) generated a below-average return on equity of 2.45% in the past 12 months, while its industry returned 7.68%. STAN’s results could indicate a relatively inefficient operationRead More...
JAKARTA/SINGAPORE (Reuters) - Standard Chartered Plc (STAN.L) said on Monday it had not taken any decision regarding its holding in Indonesia's Bank Permata (BNLI.JK), after a newspaper report said a team led by Farallon Capital Management is seeking a 44.56 percent stake in the bank. Standard Chartered and Indonesian conglomerate PT Astra International (ASII.JK) jointly control the Indonesia bank, each owning 44.56 percent. Shares in Bank Permata surged on the report by the Kontan daily, trading 6 percent higher to give it a market value of some $1.2 billion.
Sharjah Islamic Bank (SIB.AD) has mandated HSBC and Standard Chartered to coordinate the potential sale of dollar-denominated sukuk, sources familiar with the matter said. HSBC and Standard Chartered are global coordinators for the planned deal, but other banks will join as arrangers, said one of the sources. Sharjah Islamic Bank has $500 million in outstanding sukuk, issued in 2013, that matures this month.
The former Angolan president’s son and a former central banker are suspected of using accounts at HSBC and Standard Chartered in an attempt to defraud the country’s central bank by transferring $500 million ...
LUANDA/LONDON (Reuters) - The $500 million at the centre of an alleged fraud involving the son of Angola's former president was transferred out of a Standard Chartered account held by Angola's central bank, the British bank told Reuters on Wednesday. The Angolan prosecutor general's office said on Monday it had charged Jose Filomeno dos Santos, the former president's son, and Valter Filipe da Silva, the former governor of the central bank known as Banco Nacional de Angola, with fraud over the case. Britain's National Crime Agency said last week that $500 million had been frozen in the UK as part of an investigation into a potential fraud against Angola's central bank and could be returned to the southern African country.
LUANDA/LONDON, March 28 (Reuters) - The $500 million at the centre of an alleged fraud involving the son of Angola's former president was transferred out of a Standard Chartered account held by Angola's central bank, the British bank told Reuters on Wednesday. The Angolan prosecutor general's office said on Monday it had charged Jose Filomeno dos Santos, the former president's son, and Valter Filipe da Silva, the former governor of the central bank known as Banco Nacional de Angola, with fraud over the case. Britain's National Crime Agency said last week that $500 million had been frozen in the UK as part of an investigation into a potential fraud against Angola's central bank and could be returned to the southern African country.
China’s central bank guided the yuan to its strongest level against the U.S. dollar since its surprise devaluation more than 2½ years ago on Tuesday.
Manpreet Gill, head of FICC investment strategy at Standard Chartered, discusses India's bond market and the value of the rupee relative to the U.S. dollar. He speaks with David Ingles and Haslinda Amin ...
Islamic preacher Imam Idi Kasozi’s Friday sermons in the Ugandan capital typically focus on three subjects: faith, mercy -- and religiously compliant banking products.
Bilal Khan, Standard Chartered Senior Economist, discusses Saudi Arabian growth in 2018 with Yousef Gamal El-Din and Manus Cranny on "Bloomberg Daybreak: Middle East. " (Source: Bloomberg)
As a large-cap stock with market capitalization of UK£23.52B, Standard Chartered PLC (LSE:STAN) falls into the category of a major bank. As these large financial institutions revert back to healthRead More...
March 22 (Reuters) - Standard Chartered Bank (Hong Kong) Limited * SAYS ITS BEST LENDING RATE REMAINS UNCHANGED AT 5.25 PERCENT PER ANNUM Further company coverage: (Reporting by Hong Kong newsroom)
The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email email@example.com. CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK Chris ...
Standard Chartered Plc, the U.K. bank with operations across Asia and Africa, is kicking off a sale process for its loss-making private equity unit, according to people with knowledge of the matter.
Standard Chartered PLC's chief executive of private and commercial banking is leaving the bank to join another financial services company in London, the emerging markets-focused lender said on Wednesday. ...
HONG KONG (Reuters) - Standard Chartered PLC's (STAN.L) chief executive of private and commercial banking is leaving the bank to join another financial services company in London, the emerging markets-focussed ...
Singapore's central bank imposed penalties of S$5.2 million (2.83 million pounds) on Standard Chartered Bank (SCBC) (STAN.L) and S$1.2 million on Standard Chartered Trust (Singapore) (SCTS) for breaching money laundering rules and terrorism financing safeguards. In a statement on Monday, the Monetary Authority of Singapore (MAS) said the breaches occurred when trust accounts of SCBS' customers were transferred from Standard Chartered Trust (Guernsey) to SCTS from December 2015 to January 2016.
Based on Standard Chartered PLC’s (LSE:STAN) earnings update in December 2017, the consensus outlook from analysts appear highly confident, with earnings expected to more than double in the upcoming year,Read More...
The breaches occurred when trust accounts were transferred from Guernsey to Singapore. The Monetary Authority of Singapore (MAS) imposed penalties of $5.2m on Standard Chartered Bank, Singapore Branch (SCBS) and $1.2m on Standard Chartered Trust (Singapore) Limited (SCTS) for breaches of MAS’s anti-money laundering and countering the financing of terrorism (AML/CFT) requirements.
Following is the transcript of CNBC’s interview with Bill Winters, CEO of Standard Chartered Bank at the Credit Suisse Asian Investment Forum in Hong Kong. The interview was broadcast on Squawk Box on 19 March 2018.