Standard Chartered photograph

Standard Chartered

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Web site www.sc.com
Ceo Bill Winters
Revenue14.7 billion USD
Total assets663. 5 billion USD (2017)
FoundedLondon
United Kingdom
Subsidiaries Bank Permata
Standard Chartered Hong Kong
Official site sc.com
Number of employees85,000
Parent organizations Standard Chartered
FoundersRoyal charter
Chartered Bank of India, Australia and China
Standard Bank
Date of Reg.
Date of Upd.
ID596448
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About Standard Chartered


Standard Chartered plc is a British multinational banking and financial services company headquartered in London, England. It operates a network of more than 1,200 branches and outlets across more than 70 countries and employs around 87,000 people.

Higher interest rates help to more than double HSBC profits

Higher interest rates help to more than double HSBC profits
Oct 30,2023 2:51 am

... Last week, HSBC s Asia-focused rival Standard Chartered reported an unexpected plunge in its third-quarter profit due to a nearly $1bn billion combined hit from its exposure to China s real estate and banking sectors...

UK banks can withstand fresh crisis, key test finds

UK banks can withstand fresh crisis, key test finds
Jul 12,2023 3:31 am

... The banks and building societies that have been tested include: Barclays, Lloyds, HSBC, NatWest, Santander UK, Standard Chartered, Nationwide Building Society and Virgin Money...

SVB: Banking stocks remain under pressure

SVB: Banking stocks remain under pressure
Mar 14,2023 7:30 am

... Banking group Standard Chartered dropped 1...

Cheaper clothing and fuel see inflation in the United Kingdom will fall 1. 5% in March

Cheaper clothing and fuel see inflation in the United Kingdom will fall 1. 5% in March
Apr 22,2020 12:35 pm

... Sarah Ewing, a senior economist at the Standard Chartered bank, told the BBC s Today programme: Normally, low inflation would be welcome as it is, people have to effectively spend more in the shop, but these are not normal circumstances...

Coronavirus: banks bow to the pressure and the axe shareholder payments

Coronavirus: banks bow to the pressure and the axe shareholder payments
Apr 18,2020 6:42 pm

... Between them, Lloyds, Royal Bank of Scotland, Barclays, HSBC and Standard Chartered were expected to pay a total of £15...

Coronavirus: shares face worst week since the global financial crisis

Coronavirus: shares face worst week since the global financial crisis
Feb 28,2020 5:19 am

... Mayank Mishra, a strategist at Standard Chartered Bank, added: in the past, the market some comfort in the declining infection rates in China as a result of the containment had measures earlier...

UK-Africa summit: Woos Africa to Brexit

UK-Africa summit: Woos Africa to Brexit
Feb 16,2020 10:17 am

... Razia Khan of Standard Chartered Bank, says: In the short-term, greater uncertainty weighs on prospects, although attenuated, in part, by the UK the offer of a renewal of the trade agreement for two years to deal with this uncertainty...

Yorkshire Air Ambulance withdraws Prince Andrew connection

Yorkshire Air Ambulance withdraws Prince Andrew connection
Feb 16,2020 8:36 am

... Standard Chartered Bank and KPMG also announced they were withdrawing support for the duke s business mentoring initiative Pitch@Palace, though sources told the BBC the decisions were made before the interview...

Coronavirus: shares face worst week since the global financial crisis

Feb 16,2020 8:28 am

stock exchanges around the world suffer their Worst Week since the global financial crisis of 2008.

have responded to the Asian markets, as the Corona Virus outbreak spreads in the whole of Europe and rattled investors.

On Wall Street , the Dow Jones index fell by almost 1,200 points Yesterday - its largest daily point drop in history.

This is unsettling investors in Asia on Friday with the big drop on the Japanese, Australian, Korean and Chinese market.

In Japan, the Nikkei-225 index fell 3% in early trading on Friday and is now down More Than 9% This Week .

Australia's main stock index, the ASX200 fell by More Than 3. 5% on Friday morning and is heading for its biggest decline since the financial crisis of 2008.

The news of more coronavirus cases, in particular in Italy has raised concerns a much greater economic impact than previously expected.

"the markets were too optimistic, now pessimistic could be," said Iris Pang, China economist at ING.

"the Asian markets react only slowly to Covid-19, as markets believed to date to increase that this started a China Problem-until the infection cases in South Korea and Japan are steep. "

Asian stock markets reacted badly, if the outbreak originated in China, but stable - Until Now .

"While the Corona-Virus outbreak, it has already been a few weeks since, the extent to which we include the spread and the economic impact is still largely uncertain," said Bernard Aw, a senior economist at IHS, Markit.

"Manufacturing surveys showed a mixed impact of coronavirus-related disorders, with Japan and Australia are more affected than the USA and Europe. "

Mayank Mishra, a strategist at Standard Chartered Bank, added: "in the past, the market some comfort in the declining infection rates in China as a result of the containment had measures earlier.

"But the spread of the Corona Virus infection outside of China with clusters emerging in South Korea , Italy and Japan has increased concerns significantly. "



Source of news: bbc.com

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