standard-chartered-bank

Image for Standard Chartered Bank faces $2.7 billion lawsuit over alleged role in 1MDB fraudHeadlines

Standard Chartered Bank Faces $2.7 Billion Lawsuit Over Alleged Role in 1MDB Fraud

Image for Standard Chartered appoints ex-HSBC banker to head data, analytics and AI for wealthFinance

Standard Chartered Appoints ex-HSBC Banker to Head Data, Analytics and AI for Wealth

Image for Standard Chartered launches exclusive investment club for ultra-wealthy clientsFinance

Standard Chartered Launches Exclusive Investment Club for Ultra-Wealthy Clients

Image for StanChart pledges to cut emissions linked to oil and gas bondsHeadlines

StanChart Pledges to Cut Emissions Linked to Oil and Gas Bonds

Image for StanChart sets $1.5 billion buyback after 18% rise in annual profit

StanChart Sets $1.5 Billion Buyback After 18% Rise in Annual Profit

Date: February 21, 2025

HONG KONG (Reuters) - Standard Chartered announced on Friday a $1.5 billion share buyback and a higher earnings target, after reporting its annual profit rose 18% on the back of record growth in its...

Image for StanChart picks former South African bank boss Ramos as new chair

StanChart Picks Former South African Bank Boss Ramos as New Chair

Date: February 4, 2025

LONDON (Reuters) -Standard Chartered appointed Maria Ramos as chair to succeed Jose Vinals, who is approaching the end of his nine-year term, the lender said on Tuesday. Ramos, 65, joined Standard...

Image for China central bank governor Pan meets BOE's Bailey in Beijing

China Central Bank Governor Pan Meets BOE's Bailey in Beijing

Date: January 12, 2025

SHANGHAI (Reuters) - People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and discussed topics including financial stability and...

Image for StanChart sets $200 billion new wealth assets target, focuses on Chinese and Indian wealthy

StanChart Sets $200 Billion New Wealth Assets Target, Focuses on Chinese and Indian Wealthy

Date: December 4, 2024

By Lawrence White and Selena Li LONDON/HONG KONG (Reuters) – Standard Chartered (StanChart) will target $200 billion in new assets and double-digit growth in income from its wealth business over the next five years, as part of its wider strategy to shift to higher fee-earning businesses. The Asia-focussed bank wants to expand in serving wealthy...

Image for StanChart targets $200 billion in new wealth assets over next five years

StanChart Targets $200 Billion in New Wealth Assets Over Next Five Years

Date: December 3, 2024

By Lawrence White LONDON (Reuters) – Standard Chartered will target $200 billion in new assets and double digit growth in income from its wealth business over the next five years, it said on Tuesday, as part of a wider strategy to shift to higher fee-earning businesses. The statement from the bank expands on ambitions it...

Image for Standard Chartered mulls sale of wealth, retail operations in Africa

Standard Chartered Mulls Sale of Wealth, Retail Operations in Africa

Date: November 27, 2024

By Rishav Chatterjee (Reuters) -Standard Chartered is exploring a potential divestment of its wealth and retail banking operations in Botswana, Uganda and Zambia, it said on Wednesday, as the banking giant looks to free up capital in the midst of a broad shake-up. The Asia-focussed lender, like rival HSBC, is restructuring its business to focus...