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United Kingdom

Standard Chartered PLC (STAN.L)

STAN.L on London Stock Exchange

596.60GBp
15 Nov 2018
Change (% chg)

9.60 (+1.64%)
Prev Close
587.00
Open
589.60
Day's High
596.60
Day's Low
583.00
Volume
6,894,643
Avg. Vol
6,946,764
52-wk High
864.20
52-wk Low
514.20

Latest Key Developments (Source: Significant Developments)

Standard Chartered human resources head to retire
Monday, 5 Nov 2018 

Nov 5 (Reuters) - Standard Chartered ::SAYS GROUP HEAD OF HUMAN RESOURCES PAM WALKDEN TO RETIRE AT YEAR END.STANCHART SAYS TANUJ KAPILASHRAMI, CURRENTLY GROUP HEAD OF TALENT, LEARNING AND CULTURE, WILL SUCCEED WALKDEN SUBJECT TO REGULATORY APPROVAL.  Full Article

Stanchart Plans To Split Asia Into Singapore, Hong Kong Hubs - Bloomberg
Tuesday, 5 Jun 2018 

June 5 (Reuters) - :STANCHART PLANS TO SPLIT ASIA INTO SINGAPORE, HONG KONG HUBS - BLOOMBERG, CITING SOURCES.STANCHART RESTRUCTURING COULD PAVE THE WAY FOR A PARTIAL SALE OR LISTING OF THE NEW UNITS IN THE FUTURE- BLOOMBERG, CITING SOURCES.  Full Article

Barclays CEO Jes Staley Says No Discussion Ongoing With Standard Chartered - CNBC
Monday, 4 Jun 2018 

June 4 (Reuters) - :BARCLAYS CEO JES STALEY SAYS NO DISCUSSION ONGOING WITH STANDARD CHARTERED - CNBC.BARCLAYS CEO JES STALEY SAYS ON WHISTLEBLOWER FINE IMPOSED ON HIM THAT HE ACCEPTS FINAL DECISION TAKEN BY REGULATORS - CNBC.  Full Article

Rivian Says Secured $200 Mln Debt Financing From Standard Chartered Bank
Wednesday, 23 May 2018 

May 23 (Reuters) - Rivian::RIVIAN, AN AUTOMOTIVE TECHNOLOGY COMPANY, SAYS SECURED $200 MILLION DEBT FINANCING FROM STANDARD CHARTERED BANK.  Full Article

Standard Chartered discloses gender pay gap of 30 percent
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Standard Chartered Plc ::STANDARD CHARTERED GROUP BONUS POOL FOR 2017 RISES 10 PERCENT TO $1,146 MILLION.STANDARD CHARTERED DISCLOSES GENDER PAY GAP OF 30 PERCENT.  Full Article

Standard Chartered Posts FY Statutory Profit Before Tax Of $2.4 Bln
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Standard Chartered Plc ::FY ‍ROE IMPROVED FROM 0.3% TO 3.5​.FY ‍OPERATING INCOME OF $14.3 BILLION, UP 3%​.FY OPERATING INCOME OF $14.3 BILLION WAS UP 3% DESPITE A 4% DRAG FROM FINANCIAL MARKETS​.‍LOAN IMPAIRMENT OF $1.2 BLN HALVED IN FY ​.‍BASIC EARNINGS PER SHARE INCREASED FROM 3.4 CENTS IN 2016 TO 47.2 CENTS IN 2017​.‍FY STATUTORY PROFIT BEFORE TAX OF $2.4 BILLION IS STATED AFTER RESTRUCTURING AND OTHER ITEMS AND WAS $2 BILLION HIGHER​.‍INDUSTRY-WIDE LOW VOLATILITY DURING 2017 IMPACTED PERFORMANCE IN FINANCIAL MARKETS​.‍INCURRED RESTRUCTURING CHARGES IN 2017 OF $353 MILLION​.‍ANTICIPATE OPERATING EXPENSES EXCLUDING UK BANK LEVY IN 2018 TO BE BELOW 2015​.‍FULL YEAR DIVIDEND OF 11 CENTS PER ORDINARY SHARE PROPOSED FOR 2017​."‍INTENDS TO INCREASE DIVIDEND PER SHARE OVER TIME AS GROUP'S PERFORMANCE IMPROVES"​.‍CET RATIO OF 13.6% AT YEAR-END REMAINS ABOVE GROUP'S REITERATED 12-13% TARGET RANGE​.EXPECTS "GROUP TO GENERATE INCOME AT A COMPOUND ANNUAL GROWTH RATE OF BETWEEN 5 AND 7 PER CENT IN THE MEDIUM TERM‍"​.‍FY NET INTEREST INCOME INCREASED 5% AND NET INTEREST MARGIN INCREASED SLIGHTLY TO 1.55%​.EXPECTS "UNDERLYING RETURN ON EQUITY ABOVE 8 PER CENT IN THE MEDIUM TERM‍"​.FY OPERATING EXPENSES $10,120 MILLION VERSUS $ 9,975 MILLION​.SAYS FY ‍PROFIT BEFORE TAX $3.0 BILLION, UP 175% AND UP 71% EXCLUDING PRINCIPAL FINANCE​.‍UK BANK LEVY IN 2018 IS EXPECTED TO BE AROUND $310 MILLION​.CEO BILL WINTERS TOTAL 2017 PAY 4.68 MILLION STG VERSUS. 3.39 MILLION STG IN 2016.  Full Article

Rothesay Life Appoints Naguib Kheraj As Chairman
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Rothesay Life:ROTHESAY LIFE-APPOINTS NAGUIB KHERAJ AS CHAIRMAN.ROTHESAY LIFE- KHERAJ WILL SUCCEED RAY KING WHO HAS BEEN ON THE BOARD SINCE 2014 AND CHAIRMAN SINCE MARCH 2016.  Full Article

Former head of private banking of SCB China charged with accepting bribe - ICAC
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Hong Kong Independent Commission Against Corruption : :SAYS RYAN GWEE YUAN-KERR, FORMER HEAD OF PRIVATE BANKING OF STANDARD CHARTERED BANK (CHINA) LIMITED, HAS BEEN CHARGED BY ICAC WITH ACCEPTING A BRIBE OF HK$150,000 ($19,176.68) FOR HANDLING ACCOUNTS.  Full Article

Hong Kong SFC Reprimands And Fines Standard Chartered Securities (Hong Kong) Limited
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Hong Kong Securities and Futures Commission::HONG KONG SFC SAYS REPRIMANDS AND FINES STANDARD CHARTERED SECURITIES (HONG KONG) LIMITED HK$2.6 MILLION ($332,625.44) FOR INTERNAL CONTROL FAILURES RELATING TO SHORT SELLING ORDERS AND BREACH OF THE SECURITIES AND FUTURES (FINANCIAL RESOURCES) RULES.  Full Article

Standard Chartered Plc - Statement On Finalisation Of Basel III Reforms
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - STANDARD CHARTERED PLC - :STATEMENT ON FINALISATION OF BASEL III REFORMS.GROUP IS WELL-CAPITALISED WITH A STRONG AND LIQUID BALANCE SHEET THAT DEMONSTRATED ITS RESILIENCE IN RECENT BANK OF ENGLAND STRESS TEST.GROUP HAD A COMMON EQUITY TIER 1 RATIO OF 13.6 PER CENT AS AT END OF Q3 OF 2017.  Full Article

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Political chaos inflicts fresh injury on British financial services

LONDON Britain's financial services industry has greeted news of a draft Brexit agreement with weariness and worry, spooked by a political revolt that could topple the government and bring fresh troubles to a sector already reeling from upheaval.