Edition:
United States

Standard Chartered PLC (STAN.D)

STAN.D on Dusseldorf Stock Exchange

8.07EUR
17 Nov 2017
Change (% chg)

€-0.05 (-0.58%)
Prev Close
€8.11
Open
€8.07
Day's High
€8.07
Day's Low
€8.07
Volume
0
Avg. Vol
83
52-wk High
€9.57
52-wk Low
€7.29

Latest Key Developments (Source: Significant Developments)

Standard Chartered says agreed to extension of its U.S. DPAs until 28 July 2018‍​
Thursday, 9 Nov 2017 04:05pm EST 

Nov 9 (Reuters) - Standard Chartered Plc ::Standard Chartered announces has agreed to a further extension of its U.S. Deferred prosecution agreements until 28 July 2018‍​.Standard Chartered-continues to co-operate with ongoing U.S. Sanctions-Related investigation, extra time is needed to complete investigation.Standard Chartered-is committed to ongoing cooperation with authorities and comprehensive programme of improvements to its financial crime controls.  Full Article

StanChart sees flat expenses in 2017; regulatory cost to rise
Wednesday, 1 Nov 2017 05:12am EDT 

Nov 1 (Reuters) - Standard Chartered Group Chief Financial Officer Andy Halford says -- :sees slight increase in regulatory costs this year, overall costs will be flat compared to last year.hopeful the bank is close to peaking of regulatory costs.investing more in retail banking, upgrading wealth management platform.expect lower level of impairment level going forward.  Full Article

Standard Chartered announces management changes in Asia
Tuesday, 31 Oct 2017 04:07am EDT 

Oct 31 (Reuters) - Standard Chartered PLC :STANDARD CHARTERED PLC - ‍KAREN FAWCETT, CEO, RETAIL BANKING, RETIRES ON DECEMBER 31 2017​.STANDARD CHARTERED PLC - ‍BEN HUNG, CEO, GREATER CHINA AND NORTH ASIA, TO TAKE OVER RETAIL BANKING​.STANDARD CHARTERED PLC - ‍SAYS TRACEY MCDERMOTT, GROUP HEAD CORPORATE, PUBLIC AND REGULATORY AFFAIRS, TO TAKE OVER BRAND & MARKETING​.STANDARD CHARTERED PLC - ‍LEADERSHIP SUCCESSION PLAN IN ASEAN AND SOUTH ASIA REGION ANNOUNCED​.STANDARD CHARTERED PLC - JUDY HSU, CEO, SINGAPORE, WILL TAKE OVER RESPONSIBILITY FOR THE ASA REGION IN THE FOURTH QUARTER OF 2018.STANDARD CHARTERED - ANNA MARRS WILL TRANSFER HER REGIONAL CEO RESPONSIBILITIES IN TWO STAGES BETWEEN NOW AND FOURTH QUARTER OF 2018 TO HSU.  Full Article

Mastercard integrates with Standard Chartered Bank for Mastercard send service
Wednesday, 25 Oct 2017 10:00am EDT 

Oct 25 (Reuters) - Mastercard Inc ::Says ‍Standard Chartered Bank as major bank integrating Mastercard send service to "broaden" cross-border payment services​.  Full Article

StanChart probed on $1.4 billion client transfers- Bloomberg
Thursday, 5 Oct 2017 11:36am EDT 

Oct 5 (Reuters) - 2888.Hk <2888.HK>:Standard Chartered probed on $1.4 billion client transfers- Bloomberg,citing sources‍​.Regulators probing StanChart in $1.4 billion of client assets transfer from Guernsey to Singapore before new tax transparency rules introduced- Bloomberg.  Full Article

Lloyds Banking appoints Scott Barton to mid markets role
Friday, 22 Sep 2017 08:12am EDT 

Sept 22 (Reuters) - LLOYDS BANKING GROUP PLC ::‍SCOTT BARTON HAS BEEN APPOINTED TO ROLE OF MANAGING DIRECTOR, MID MARKETS FOR COMMERCIAL BANKING DIVISION OF CO.‍BARTON WILL REPORT TO DAVID OLDFIELD, GROUP DIRECTOR OF COMMERCIAL BANKING​.‍BARTON COMES FROM STANDARD CHARTERED WHERE HE WAS HEAD OF CORPORATE AND INSTITUTIONAL BANKING, EUROPE. HE JOINS CO ON 1 NOVEMBER​.  Full Article

UK Regulator summons Standard Chartered over Indonesian bribery allegations - WSJ
Monday, 11 Sep 2017 10:40am EDT 

Sept 11 (Reuters) - 2888.Hk <2888.HK>:U.K. Regulator summons standard chartered over indonesian bribery allegations - WSJ, citing sources.  Full Article

Standard Chartered names Matthew Hastings global head, energy trading
Tuesday, 15 Aug 2017 03:36am EDT 

Aug 15 (Reuters) - STANDARD CHARTERED PLC::STANDARD CHARTERED HAS APPOINTED MATTHEW HASTINGS AS GLOBAL HEAD, ENERGY TRADING.  Full Article

Standard Chartered underlying profit before tax up 93 per cent
Wednesday, 2 Aug 2017 04:35am EDT 

Aug 2 (Reuters) - Standard Chartered Plc :Underlying income of $7.2bn was up 6 per cent year-on-year.Underlying expenses of $4.8bn were up 5 per cent year-on-year.Underlying loan impairment of $583m was down 47 per cent year-on-year.Says common equity tier 1 ratio of 13.8 per cent was up 20 bps since year-end 2016 driven by profits in period.Underlying profit before tax of $1.9bn was up 93 per cent year-on-year.Restructuring charges of $165m in first half take total since november 2015 to $2.9bn.Statutory profit before tax of $1.8bn was 82 per cent higher year-on-year.Underlying basic earnings per share of 34.4 cents.Says on track to deliver an additional $700m in planned gross costs efficiencies in 2017 and a further $400m in 2018.Underlying return on ordinary shareholders' equity of 5.2 per cent up from 2.1 per cent in same period last year.Board has decided not to declare an interim dividend on ordinary shares.Board will consider at end of year whether it is appropriate to recommence payment of a dividend..Says group is now more efficient, better at managing risk, and its balance sheet quality has improved.Says economic environment has shown signs of improving although geopolitical outlook remains uncertain.Says u.s. Monitor programme for aml surveillance which has been further extended until end of 2018.  Full Article

Standard Chartered appoints Ngozi Okonjo-Iweala as independent non-executive director
Thursday, 27 Jul 2017 11:52am EDT 

July 27 (Reuters) - STANDARD CHARTERED PLC ::SAYS APPOINTMENT OF NGOZI OKONJO-IWEALA AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR WITH EFFECT FROM 1 NOVEMBER 2017.SAYS NGOZI WILL ALSO JOIN BOARD'S BRAND, VALUES AND CONDUCT COMMITTEE.  Full Article

MOVES-Standard Chartered, Legal & General Group

Nov 16 The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email moves@thomsonreuters.com.