Standard Chartered
| Use attributes for filter ! | |
| Web site | www.sc.com |
|---|---|
| Ceo | Bill Winters |
| Revenue | 14.7 billion USD |
| Total assets | 663. 5 billion USD (2017) |
| Founded | London |
| United Kingdom | |
| Subsidiaries | Bank Permata |
| Standard Chartered Hong Kong | |
| Official site | sc.com |
| Number of employees | 85,000 |
| Parent organizations | Standard Chartered |
| Founders | Royal charter |
| Chartered Bank of India, Australia and China | |
| Standard Bank | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 596448 |
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
... 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
... 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
... Banking group Standard Chartered dropped 1...
Cheaper clothing and fuel see inflation in the United Kingdom will fall 1. 5% in March
... 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
... 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
... 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
... 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
... 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...
Higher interest rates help to more than double HSBC profits
By Peter HoskinsBusiness reporter
UK-based banking giant HSBC says its quarterly profits jumped to $7. 7bn (£6. 35bn), boosted by higher interest rates.
That is as The Firm 's pre-tax profit for the period to The End of September More Than doubled from a year earlier.
" We have had three consecutive quarters of strong financial performance" group chief executive Noel Quinn said in a statement.
However, that was still lower than the $8. 1bn profit expected by analysts.
The Bank also announced a plan to buy back another $3bn of its shares from investors, as well as a new dividend payout to shareholders.
That brings HSBC's total share buybacks for this year to $7bn and the total dividend payout to 30 cents per share.
" We Are pleased to again reward our shareholders, " Mr Quinn said.
HSBC also said it had taken a $500m hit related to China's crisis-hit property market.
" We continue to monitor risks related to our exposures in Mainland China 's commercial Real Estate sector closely, and there remains a degree of uncertainty in the forward economic outlook, particularly in the UK, " The Company said in the results statement.
HSBC, which has its headquarters in London, generates most of its income in Asia.
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.
Related TopicsSource of news: bbc.com
