Standard Chartered PLC (STNCy.NS)
LONDON - Standard Chartered Plc reassured investors about its capital strength on Wednesday, raising its dividend despite reporting its first drop in annual profits for a decade and giving a weak outlook for the first half. | Video
LONDON - Standard Chartered's boss said he had no plans to raise capital from shareholders or cut the dividend, saying his bank had strong capital "on any measure" despite a drop in profits and a challenging outlook.
LONDON, March 5 - Standard Chartered's boss said he had no plans to raise capital from shareholders or cut the dividend, saying his bank had strong capital "on any measure" despite a drop in profits and a challenging outlook.
LONDON, March 5 - Standard Chartered said it paid bonuses of 772 million pounds ($1.3 billion) for 2013, down 15 percent on the year before and Chief Executive Peter Sands said his bonus fell by 21 percent.
LONDON, March 5 - Standard Chartered said it expects income and profits to remain "challenged" in the first half of this year after the Asia-focused bank reported its first drop in annual profits for a decade on Wednesday.
LONDON - Standard Chartered on Wednesday will show how it intends to sharpen its focus and potentially sell several small businesses to revive its fortunes in the face of slower growth and its first fall in profits in a decade, people familiar with the matter said.
Feb 27 - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email to email@example.com.
PARIS - French carmaker PSA Peugeot Citroen unveils a 3 billion euro ($4.1 billion) capital tie-up with China's Dongfeng and says the cash injection will buy time for a recovery after losing another 2.32 billion in 2013. (PEUGEOT-DONGFENG/ (UPDATE 2), moving shortly, by Laurence Frost, 900 words)
Feb 19 - The following corporate finance-related stories were reported by media:
HONG KONG/SINGAPORE - Standard Chartered Plc is seeking buyers for a Hong Kong consumer finance business worth $500 million to $700 million, according to people familiar with the matter, as the Asia-focused lender sells off peripheral businesses.