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Standard Chartered PLC (STAN.L)

STAN.L on London Stock Exchange

713.20GBp
19 Jul 2019
Change (% chg)

-1.00 (-0.14%)
Prev Close
714.20
Open
719.40
Day's High
722.40
Day's Low
706.80
Volume
4,929,973
Avg. Vol
7,034,251
52-wk High
742.60
52-wk Low
514.20

Latest Key Developments (Source: Significant Developments)

Standard Chartered Announces Issuance Of Convertible Securities
Friday, 28 Jun 2019 

June 28 (Reuters) - Standard Chartered Plc ::ISSUANCE OF S$750 MILLION FIXED RATE RESETTING PERPETUAL SUBORDINATED CONTINGENT CONVERTIBLE SECURITIES.DENOMINATIONS OF SECURITIES WILL BE S$250,000.  Full Article

Standard Chartered HK Removes Minimum Balance Maintenance Fees For Personal Banking Clients
Tuesday, 25 Jun 2019 

June 25 (Reuters) - Standard Chartered Plc ::STANDARD CHARTERED HONG KONG REMOVES MINIMUM BALANCE MAINTENANCE FEES FOR PERSONAL BANKING CLIENTS.LOW BALANCE MAINTENANCE FEE FOR NON-PACKAGED CLIENTS' DEPOSIT ACCOUNTS ALSO TO BE REMOVED BY STANDARD CHARTERED HONG KONG.COUNTER TRANSACTION SERVICE FEE FOR CLICK-A-COUNT CLIENTS TO ALSO BE REMOVED BY STANDARD CHARTERED HONG KONG.  Full Article

Standard Chartered Says It Has Purchased 1.4 Mln Of Its Ordinary Shares Of US$0.50 Each On LSE
Monday, 17 Jun 2019 

June 17 (Reuters) - Standard Chartered::IT HAS PURCHASED 1.4 MILLION OF ITS ORDINARY SHARES OF US$0.50 EACH ON LONDON STOCK EXCHANGE THROUGH MERRILL LYNCH INTERNATIONAL.  Full Article

Standard Chartered Q1 Underlying Profit Before Tax $1.4 Bln, Up 10 Pct
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Standard Chartered Plc ::Q1 UNDERLYING PROFIT BEFORE TAX OF $1.4BN UP 10%.Q1 STATUTORY PROFIT BEFORE TAX OF $1.2BN UP 5%.QTRLY STATUTORY PROFIT BEFORE TAXATION $ 1,242 MILLION VERSUS $1,187 MILLION.REGULATORY APPROVAL RECEIVED TO START BUYING BACK SHARES FOR UP TO $1BN.Q1 OPERATING INCOME OF $3.8BN DOWN 2%; OR UP 2% ON A CONSTANT CURRENCY BASIS.Q1 NET INTEREST MARGIN OF 1.56% DOWN 1BPS QOQ.AS AT MARCH-END COMMON EQUITY TIER 1 RATIO 13.9% PERCENT VERSUS 14.2 PERCENT AS AT DEC-END.SAYS "Q1 PROFIT SUPPORTS OUR BELIEF THAT WE WILL GENERATE FULL-YEAR RETURNS OF AT LEAST 10% BY 2021".$1BN SHARE BUY-BACK PROGRAMME IS EXPECTED TO REDUCE CET1 RATIO IN Q2 BY ABOUT 35BPS.QTRLY UNDERLYING RETURN ON EQUITY 8.5 PERCENT VERSUS 7.6 PERCENT.Q1 UNDERLYING PROFIT BEFORE TAX UP 12% ON CONSTANT CURRENCY BASIS; Q1 STATUTORY PROFIT BEFORE TAX UP 7% ON CONSTANT CURRENCY.  Full Article

PCCW Announces Formation Of JV With Standard Chartered And CTRIP
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Pccw Ltd <0008.HK>::ANNOUNCES FORMATION OF JOINT VENTURE WITH STANDARD CHARTERED AND CTRIP TO ESTABLISH A VIRTUAL BANK IN HONG KONG.UNITS OF HKT AND PCCW ENTERED INTO SUBSCRIPTION AGREEMENT WITH SC DIGITAL, STANDARD CHARTERED AND CTRIP SUB FOR JV FORMATION.BUSINESS WILL BE CONDUCTED BY SC DIGITAL AS JOINT VENTURE COMPANY.HKT SUB AND PCCW SUB HAVE AGREED TO INVEST UP TO FURTHER AMOUNT OF ABOUT HK$239.3 MILLION AND HK$159.5 MILLION, RESPECTIVELY.PCCW SUB HAS AGREED TO SUBSCRIBE FOR 16.1 MILLION ORDINARY SHARES IN SC DIGITAL FOR ABOUT HK$161.1 MILLION.HKT SUB AGREED TO SUBSCRIBE FOR 24.2 MILLION ORDINARY SHARES IN SC DIGITAL FOR AGGREGATE PRICE OF ABOUT HK$241.6 MILLION.  Full Article

S. Africa's Competition Commission Notes Standard Chartered's Guilty Plea For Manipulating The Rand
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - S. AFRICA'S COMPETITION COMMISSION::S. AFRICA'S COMPETITION COMMISSION - STANDARD CHARTERED BANK PLEADS GUILTY IN NEW YORK FOR MANIPULATING THE RAND.S.A.'S COMPETITION COMMISSION -IN CONSENT ORDER, STAN CHART PLEADED GUILTY TO CURRENCY MANIPULATION INCLUDING SOUTH AFRICAN RAND BETWEEN 2007 & 2013.SA'S COMPETITION COMMISSION - WILL CONSIDER IMPACT OF CONSENT ORDER BETWEEN NY DFS & STANCHART ON ONGOING FOREX LITIGATION WITH BANKS IN S. AFRICA.  Full Article

Standard Chartered Agrees Consent Order With The New York State Department Of Financial Services
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - 2888.HK <2888.HK>::AGREED A CONSENT ORDER WITH THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES.SINCE THE CONDUCT TOOK PLACE, CO HAS REMEDIATED ITS SYSTEMS AND CONTROLS.WILL TAKE A PRE-TAX CHARGE OF $40M AS PART OF ITS FULL-YEAR 2018 FINANCIAL RESULTS.DFS MATTER IS UNRELATED TO THE ONGOING SANCTIONS INVESTIGATION BY THE US AUTHORITIES INTO HISTORICAL CONDUCT AND CONTROLS ISSUES.  Full Article

Standard Chartered Submits Announcement On Listing Of Japanese Yen Denominated Bonds
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - 2888.HK <2888.HK>::OVERSEAS REGULATORY ANNOUNCEMENT.SUBMITTED TO HKSE AN ANNOUNCEMENT REGARDING LISTING OF, AND PERMISSION TO DEAL IN, JAPANESE YEN DENOMINATED BONDS.  Full Article

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

PRESS DIGEST- Financial Times - July 17

July 17 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.