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...
Weak pound boosting UK tourism industry
The Number of tourists visiting the UK from China has risen by almost a fifth this Summer , the latest figures show.
Travel data firm ForwardKeys said That Summer flight bookings from long-haul markets were also 6% higher than in the same period last Year .
It credited the weakness of the pound for boosting tourists' spending power.
This Week sterling hit a 31-month low against the dollar amid increasing speculation the UK could leave the EU without a deal.
"This Summer is likely to see the highest number of Chinese tourists to the UK ever," said ForwardKeys spokesman David Tarsh.
He added that The Number of Indian tourists was ahead by 20%, with Japan at 10% and the USA at 5%.
Sarah Hewin, chief economist for Europe and the Americas at Standard Chartered , said the low pound meant visitors would be feeling wealthier.
"The Fall in the value of the pound against China's currency [the renminbi] means that Chinese tourists coming to the UK have seen their spending power increase by around 5% in The Past three months. "
This tallies with what Patricia Yates, a director at the UK's tourism promotion agency Visit Britain, is seeing on the ground.
"The UK is offering great value for inbound visitors right now which gives us a valuable opportunity including in Europe, where we are already running a campaign to promote travel to the UK during the Summer . "
Diane Howarth and her husband AndrewStaycations are also boosting the industry.
The regional tourist office Welcome to Yorkshire finds that tourism is thriving in the area. Commercial director Peter Dodd said: "We're hearing from lots of our accommodation members, especially cottages, lodges and other self-catering properties, that business is booming with some already Fully Booked until October. "
One of those is Diane Howarth who runs The Holiday letting company Cottage in the Dales and is having a record Year .
"We're at 87% occupancy for the Year already, which is much earlier than in previous years. Brexit uncertainty is causing people to choose holidays in Britain this Year , which is good news for us. "
Falling demand in Europe?But when It Comes to European visitors, Visit Britain says there is some concern about the impact that the uncertainty of Brexit is having.
The latest ONS tourism stats showed that visits from Europe to the UK were relatively flat from January to March this Year - up just 2% compared to the same period last Year .
They are running a campaign in Europe to persuade people that the UK will still be a good place to visit after it leaves the European Union .
However anecdotally, some businesses like Mrs Howarth's Cottage in the Dales are seeing seeing a rise in EU visitors.
"We're getting repeat bookings from fans of The Tour de Yorkshire race, but also seeing new interest from people in the Netherlands and Germany for example, who are taking advantage of the weaker pound to come and visit this beautiful part of The World In Person "
tourism, pound sterling (gbp), brexit
Source of news: bbc.com
