Standard Chartered Net Profit Falls, Announces $1.5 Billion Buyback
Standard Chartered reported a drop in fourth-quarter net profit and said it will start a $1.5 billion share buyback, sending the stock to a new near-decade high.The London-based bank said Friday that underlying profit before tax declined 0.
Standard Chartered to invest US$1.5 billion in profit-driving wealth business
Hong Kong, Singapore and Dubai are centres for wealth-management growth, bank says as it reports 19 per cent profit increase in 2024.
Standard Chartered shares jump after boosting annual profit
Standard Chartered announced an overhaul on executive pay in its annual results, as the multinational bank missed analysts' profit estimates.
Standard Chartered to return $2 billion more to shareholders as earnings beat
Fresh buyback will bring total shareholder distributions to US$4.9 billion since 2023. Read more at straitstimes.com.
Standard Chartered PLC (SCBFF) Q4 2024 Earnings Call Transcript
Welcome to our full year 2024 results presentation. We delivered a strong performance in 2024 with a return on tangible equity of 11.7%, up 160 basis points year-on-year. We achieved record income of $19.
Standard Chartered’s pre-tax profits fall 30% in fourth quarter
Standard Chartered’s pre-tax profits fell 30 per cent in the final three months of last year as the era of rising interest rates came to an end. The bank reported statutory pre-tax profits of $800mn for the fourth quarter,
Standard Chartered advances Friday, outperforms market
Standard Chartered PLC STAN shares rose 3.77% to £11.83 Friday, on what proved to be an all-around dismal trading session for ...
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Standard Chartered Reports Strong 2024 Financial Growth
Standard Chartered ( ($SCBFF) ) has released its Q4 earnings. Here is a breakdown of the information Standard Chartered presented to its ...
Standard Chartered cashes in on wealth division while boss’s pay surges
A record income of $19.7bnbin( £15.6bn) was fuelled by heightened activity within its wealth division, catering to ...
Standard Chartered boss bemoans now-scrapped EU cap on banker bonuses
Bill Winters of Standard Chartered was paid £10.7m in 2024, including £7.6m in bonuses and share awards - a 46 per cent ...
Standard Chartered, HKT, Animoca to form JV for HK dollar-backed stablecoin
Standard Chartered Plc , said on Monday its Hong Kong banking division, Animoca Brands and HKT will establish a joint venture ...
Standard Chartered Pakistan Achieves Historic Milestone with Profit Before Tax Exceeding Rs. 100 Billion
Standard Chartered Bank Pakistan Limited (SCBPL) delivered a record performance with profit before tax of PKR 100.6 billion ...
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Standard Chartered Bank fined shs60m for cancelling loan offer
KAMPALA, UGANDA | THE INDEPENDENT | Standard Chartered Bank has been fined 60 million Shillings for cancelling a loan ...
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Standard Chartered’s 2025 clean energy goal faces major hurdles amid market constraints
Standard Chartered Plc has admitted that its 2025 target of running entirely on renewable energy is proving difficult to achieve, ...