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Standard Chartered PLC

Money-laundering scandal: Singapore looks at how to offload seized assets worth US$2.2 billion

by Walter Watson
Money-laundering scandal: Singapore looks at how to offload seized assets worth US.2 billion

In a Singapore courtroom on Friday, the last of those arrested for their involvement in the island nation’s biggest laundering case pleaded guilty, paving the way for the next steps …

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U.S. ignored evidence StanChart was serving sanctioned Iran groups: Whistleblower

by Walter Watson
U.S. ignored evidence StanChart was serving sanctioned Iran groups: Whistleblower

Standard Chartered Plc bank branch in Hong Kong Bloomberg | Bloomberg | Getty Images Recent documents submitted to a U.S. federal court allege that major British bank Standard Chartered helped …

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Profits of these 5 global banks will stay high despite an ECB rate cut, says Berenberg

by Walter Watson
Profits of these 5 global banks will stay high despite an ECB rate cut, says Berenberg

Despite an interest rate cut expected this week, profits at a handful of major European banks will remain robust, according to Berenberg. The European Central Bank appears on course to cut interest …

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pretax profit up 5.5%, beats estimates

by Walter Watson
pretax profit up 5.5%, beats estimates

Standard Chartered posted on Thursday a 5.5% rise in its first-quarter pretax profit, beating estimates, as higher interest rates bolstered earnings at the emerging markets-focused lender. Bloomberg | Bloomberg | …

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Bitcoin (BTC) to hit $150,000 after halving

by Walter Watson
Bitcoin (BTC) to hit 0,000 after halving

Bitcoin is set for more price gains later this year, even after a recent retreat in prices, according to Standard Chartered’s top crypto analyst. Geoffrey Kendrick, head of foreign exchange …

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Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports

by Walter Watson
Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports

Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising …

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StanChart CEO says ESG is good for business

by Ron Morgan
StanChart CEO says ESG is good for business

Bill Winters, Chief Executive Officer at the Standard Chartered Bank, attends a panel session of the World Governments Summit in Dubai on February 12, 2024. Ryan Lim | Afp | …

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Standard Chartered restricts outbound investments from China

by Walter Watson
Standard Chartered restricts outbound investments from China

Standard Chartered Bank (SCB) in downtown, brand logo and office building in Shanghai. Andy Feng | iStock Editorial | Getty Images Standard Chartered has suspended new subscriptions by its clients …

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StanChart lowers income target as China weighs, launches $1 billion buyback

by Walter Watson
StanChart lowers income target as China weighs, launches  billion buyback

Standard Chartered on Friday rewarded shareholders with dividends and a fresh $1 billion buyback as profit rose 18%, but set out modest growth forecasts that will concern investors amid worries …

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$1 billion share buyback, dividend hike

by Walter Watson
 billion share buyback, dividend hike

Standard Chartered Plc bank branch in Hong Kong Bloomberg | Bloomberg | Getty Images Standard Chartered on Friday reported 2023 pre-tax profit rose 18%, in line with forecasts, and rewarded shareholders …

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