Edition:
United States

Standard Chartered PLC (STAN.L)

STAN.L on London Stock Exchange

723.00GBp
27 Mar 2017
Change (% chg)

-3.60 (-0.50%)
Prev Close
726.60
Open
717.50
Day's High
723.10
Day's Low
711.10
Volume
4,479,485
Avg. Vol
8,166,667
52-wk High
821.60
52-wk Low
425.65

Latest Key Developments (Source: Significant Developments)

Standard Chartered Bank India appoints Subhradeep Mohanty as CFO
Monday, 6 Mar 2017 02:58am EST 

Standard Chartered Bank India :Standard Chartered Bank, India appoints Subhradeep Mohanty as CFO.  Full Article

StanChart says focused on generating top line growth
Friday, 24 Feb 2017 04:29am EST 

Standard Chartered executive says: completely focused on generating top line growth . have decided to progressively wind down private equity business . not entertaining interest from "third party" for indonesian joint venture Permata Further company coverage: [STAN.L] (Reporting by Sumeet Chatterjee) ((sumeet.chatterjee@thomsonreuters.com;)).  Full Article

Standard Chartered and Allianz announce 15-year partnership in Asia
Wednesday, 18 Jan 2017 08:36pm EST 

Standard Chartered Plc : Standard Chartered Bank and Allianz announced a 15-year bancassurance agreement . New partnership arrangements in Hong Kong, Singapore, Malaysia, Indonesia and China will be implemented during the course of 2017 . 15-Year bancassurance agreement for the distribution of Allianz’s general insurance products Further company coverage: [STAN.L,2888.HK,ALVG.DE] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Fitch affirms Standard Chartered at 'A+'; outlook revised to stable
Friday, 14 Oct 2016 06:10am EDT 

Fitch: Fitch affirms Standard Chartered at 'A+'; outlook revised to stable . Fitch on Standard Chartered - downgrade of banks' viability ratings reflects consolidated group's weakened intrinsic strength .Fitch - outlook on Standard Chartered's long-term IDRs has been revised to stable from negative.  Full Article

Standard Chartered appoints Mohamed Bary as regional AME CFO
Wednesday, 5 Oct 2016 07:55am EDT 

Standard Chartered Plc : StanChart appoints new CFO for africa & middle east region . Appointed Mohamed Abdel Bary as regional cfo, Africa & Middle East with immediate effect Further company coverage: [STAN.L] (((Bengaluru Newsroom +91 806 749 1136);)).  Full Article

Standard Chartered faces U.S. probe over Indonesian investment- WSJ
Tuesday, 27 Sep 2016 05:46am EDT 

: Standard Chartered faces U.S. probe over Indonesian investment- WSJ, citing documents . U.S. Prosecutors are looking into whether Standard Chartered is culpable for not stopping alleged misconduct at Maxpower Group- WSJ, citing sources Source (http://on.wsj.com/2dokRZJ) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Ailleron unit receives order for delivery of livebank platform
Wednesday, 3 Aug 2016 07:47am EDT 

Ailleron SA : Its unit, Software Mind SA, receives an order for the delivery of LiveBank platform for Standard Chartered Bank in seven countries in Asia and Africa (China, Taiwan, Hong Kong, India, Bangladesh, Kenya, United Arab Emirates) .The value of the order has not been disclosed but does not exceed 10 pct of the company's capital.  Full Article

Standard Chartered posts $1 bln underlying pretax profits, equity returns up
Wednesday, 3 Aug 2016 05:35am EDT 

Standard Chartered Plc : H1 adjusted basic EPS 0.142 usd versus 0.524 usd loss in H2 2015 . Cost savings are funding investment plans, which will increase throughout rest of year . Normalised return on ordinary shareholders' equity of 2.1 per cent (H2 2015: negative 6.2 percent) . Common equity tier 1 (CET1) ratio of 13.1 percent slightly above group's 12-13 percent target range . "continue to cooperate fully with US and UK authorities in ongoing investigations that we have previously disclosed." . Exited $674 million gross loans . It is likely take us longer to deliver return on equity we set out in november . José Viñals will be appointed as new chairman of group . Eventual outcome of regulatory reforms to finalise banks' capital requirements is unclear . We have approximately $30 billion of RWAS to restructure or reposition to improve returns in Korea and in our two businesses in Indonesia . In first half we have added over 40,000 priority clients and have seen income from this segment increase as a percentage of total retail banking income to 38 per cent. . "Is looking at practical implications of Brexit on our portfolios and clients - both in UK and non-UK exposures." . "seeing signs of stress following recent commodity price volatility" . Half year results 2016 . Underlying profit before tax of $1.0bn . Underlying operating expenses of $4.0bn - tightly controlled and down 13 per cent year-on-year excluding regulatory costs.  Full Article

Standard Chartered appoints Jose Vinals as Chairman<2888.HK>
Wednesday, 27 Jul 2016 10:15am EDT 

Standard Chartered PLC : Standard Chartered PLC appoints Jose Vinals to succeed Sir John Peace as Chairman <2888.HK> .  Full Article

Standard Chartered names Naguib Kheraj as deputy chairman
Wednesday, 27 Jul 2016 10:15am EDT 

Standard Chartered Plc :Also announcing appointment of Naguib Kheraj, as deputy chairman.  Full Article

More From Around the Web

BRIEF-Shree Renuka Sugars approves allotment of 16.4 mln shares to Standard Chartered Bank

* Says approved allotment of 16.4 million shares at INR 16.56 each to Standard Chartered Bank Source text: http://bit.ly/2lDujQJ Further company coverage: