Standard Chartered chair bemoans share price but rules out ditching primary London listing May 10, 2024 Standard Chartered's top brass has once again bemoaned its weak share price but ruled out moving its primary listing from London.
Standard Chartered shares jump to six-month high as bank breezes past profit estimates May 2, 2024 Standard Chartered has sailed past estimates with a 25 per cent jump in profit on the back of interest rate hikes and a solid performance from its trading and wealth divisions.
Lloyds, HSBC, Barclays and Natwest set to report lower profits – but doubts over rate cuts could lift lenders April 20, 2024 The UK's biggest banks are set to report lower profits and narrower margins in the coming weeks as the interest rate tailwind which pushed their earnings to a record high last year dies down.
Standard Chartered to return billions to investors but chief bemoans lagging share price February 23, 2024 Standard Chartered joined the ranks of lenders that have reported bumper earnings today
Standard Chartered looks at restructuring investment bank to boost returns February 14, 2024 The emerging markets-focused lender is considering is a break-up of the bank's investment and corporate banking businesses, Bloomberg News reported
Standard Chartered reportedly taps ex-Chancellor Javid and Treasury veteran Roxburgh to be next chair February 7, 2024 Standard Chartered has reportedly tapped former Chancellor Sajid Javid and Treasury veteran Charles Roxburgh to succeed José Viñals as its chair.
Standard Chartered share price dives as slowing Chinese economy and real estate crisis drag on performance October 26, 2023 China's growing real estate crisis ensured that Standard Chartered performed worse than expected in the third quarter.
Standard Chartered appoints new finance chief as Andy Halford steps down after a decade August 31, 2023 Standard Chartered finance chief Andy Halford has announced he will step down having served for nearly a decade in the role. Halford, who has been at the bank since 2014, will be replaced by Diego de Giorgi, most recently co-CEO of Pegasus Europe, Europe’s largest-ever special purpose acquisition company (SPAC). Prior to his role at [...]
Standard Chartered announces $1bn buyback scheme after profits soar on rising rates July 28, 2023 Standard Chartered announced a further $1bn (£780m) share buyback after recording better than expected results in the second quarter on the back of rising interest rates. Pretax profit at the bank climbed 18 per cent to $1.5bn, higher than the $1.4bn predicted by analysts. This came thanks to a 29 per cent increase in net [...]
Standard Chartered sells up in sub-Saharan African and turns to faster-growing markets like Saudi and Egypt July 14, 2023 Standard Chartered announced today that it would sell its subsidiaries in sub-Saharan Africa to Nigeria-based Access Bank. The bank will sell its stake in subsidiaries in Angola, Cameroon, Gambia and Sierra Leona as well as its consumer, private & business bank in Tanzania to Access Bank. “Access Bank will provide a full range of banking [...]