STAN.L - Standard Chartered PLC

LSE - LSE Delayed price. Currency in GBp
821.50
+4.00 (+0.49%)
At close: 4:37PM GMT
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Previous close817.50
Open823.90
Bid782.00 x 30000
Ask812.00 x 134600
Day's range819.50 - 827.60
52-week range678.80 - 860.00
Volume4,054,095
Avg. volume6,992,772
Market cap27.039B
BetaN/A
PE ratio (TTM)1,026.88
EPS (TTM)0.80
Earnings date26 Feb 2018
Forward dividend & yield1.08 (4.22%)
Ex-dividend date2015-08-12
1y target est10.73
  • India's City Union Bank CEO says suffered cyber hack via SWIFT system
    Reuters21 hours ago

    India's City Union Bank CEO says suffered cyber hack via SWIFT system

    India's City Union Bank (CTBK.NS) said on Sunday that "cyber criminals" had hacked its systems and transferred nearly $2 million through three unauthorized remittances to lenders overseas via the SWIFT financial platform. The comments come after the small private lender on Saturday had disclosed it had discovered the three "fraudulent remittances", which were sent via correspondent banks to accounts in Dubai, Turkey and China. Chief Executive Officer N. Kamakodi called it a "conspiracy" involving multiple countries, and added the lender was still investigating how it had happened.

  • India's City Union Bank CEO says suffered cyber hack via SWIFT system
    Reuters21 hours ago

    India's City Union Bank CEO says suffered cyber hack via SWIFT system

    India's City Union Bank (CTBK.NS) said on Sunday that "cyber criminals" had hacked its systems and transferred nearly $2 million through three unauthorized remittances to lenders overseas via the SWIFT financial platform. The comments come after the small private lender on Saturday had disclosed it had discovered the three "fraudulent remittances", which were sent via correspondent banks to accounts in Dubai, Turkey and China. Chief Executive Officer N. Kamakodi called it a "conspiracy" involving multiple countries, and added the lender was still investigating how it had happened.

  • Reuters - UK Focus2 days ago

    India's City Union says hit by fraudulent remittances via SWIFT system

    India's City Union Bank Ltd (BSE: CUB.BO - news) said on Saturday (Shenzhen: 002291.SZ - news) it had suffered three "fraudulent remittances" of nearly $2 million that had been pushed through the SWIFT financial platform. City Union said the transfers had been made through correspondent banks even though the Indian lender had not requested the transfers. A second transfer of 300,000 euros ($372,150.00) was routed through a Standard Chartered Bank account in Frankfurt to a Turkish account, while a third totalling $1 million was sent through a Bank of America (Swiss: BAC-USD.SW - news) account in New York to a China-based bank.

  • Fierce competition, cheap money pressure aircraft lease rates: StanChart
    Reuters7 days ago

    Fierce competition, cheap money pressure aircraft lease rates: StanChart

    Intense competition in the $261 billion global aircraft leasing sector triggered by an abundant supply of cheap money is putting pressure on lease rates, a senior executive at Standard Chartered Bank (STAN.L) said. While airlines' profitability and traffic growth remain strong, the leasing industry is having to balance this with tighter margins and falling residual values of planes as Chinese money floods the market. "We've seen some reduction in lease rate factors but key for us as an industry and having experienced players, is to maintain your pricing discipline and buy the right assets," Kieran Corr, global head of aviation finance at Standard Chartered, told Reuters in an interview.

  • Reuters7 days ago

    Fierce competition, cheap money pressure aircraft lease rates - StanChart

    Intense competition in the $261 billion (189 billion pounds) global aircraft leasing sector triggered by an abundant supply of cheap money is putting pressure on lease rates, a senior executive at Standard Chartered Bank (STAN.L) said. While airlines' profitability and traffic growth remain strong, the leasing industry is having to balance this with tighter margins and falling residual values of planes as Chinese money floods the market. "We've seen some reduction in lease rate factors but key for us as an industry and having experienced players, is to maintain your pricing discipline and buy the right assets," Kieran Corr, global head of aviation finance at Standard Chartered, told Reuters in an interview.

  • Reuters - UK Focus7 days ago

    Fierce competition, cheap money pressure aircraft lease rates -StanChart

    Intense competition in the $261 billion global aircraft leasing sector triggered by an abundant supply of cheap money is putting pressure on lease rates, a senior executive at Standard Chartered Bank said. While airlines' profitability and traffic growth remain strong, the leasing industry is having to balance this with tighter margins and falling residual values of planes as Chinese money floods the market.

  • Reuters12 days ago

    Financials help FTSE 100 off 10-month lows

    Britain's major share index came close to recovering from a brutal global sell-off on Wednesday, rising from 10-month lows as shares in financials gained ground. The FTSE 100 (.FTSE) was up 1.9 percent at 7,279.42 points at its close, in line with a bounce across other European bourses. "Whilst we don’t expect this sell off to continue for an extended period of time, given that the fundamentals remain strong and unchanged, it is difficult to call the bottom and judge whether stocks have fallen sufficiently for investors to see value once again," said Fiona Cincotta, market analyst at City Index, said.

  • Reuters13 days ago

    StanChart prunes coverage, may cut investment banking jobs - sources

    HONG KONG/LONDON (Reuters) - Standard Chartered Plc (STAN.L) is looking to drive returns by boosting lending to key industrial sectors and top clients, in a move that could cut about a dozen investment banking jobs as it dials back in areas like private equity, sources said. Some of those jobs will likely be redeployed in other parts of its main corporate banking unit that StanChart is trying to strengthen, given its aim to increase lending to top companies in its main markets of Asia, Africa and the Middle East, said the sources who have knowledge of the plan. The changes form part of a two-year overhaul at the bank - triggered in part by a spike in non-performing loans in China and India - that investors hope will help StanChart return to higher revenue growth.

  • U.S. Market Jolt Warns of Bumpy Ride for Asia: StanChart's Mann
    Bloomberg14 days ago

    U.S. Market Jolt Warns of Bumpy Ride for Asia: StanChart's Mann

    The sharp sell-off in U.S. stocks on Friday is a lesson for Asia to get used to a more volatile environment as central banks continue to erode a years-long rally in equities, said David Mann, chief Asia ...

  • Reuters17 days ago

    TSB profit falls, expects to pay more fees to Lloyds

    Britain's TSB Bank expects to pay more in fees to Lloyds Banking Group (LLOY.L) for using its former owner's banking platform, as it posted a profit fall in 2017 as a result of the payments. Since it was taken over by Spain's Banco Sabadell (SABE.MC) in 2015, TSB has been using Lloyds' IT infrastructure, at a cost of hundreds of millions of pounds each year. TSB said on Friday its operating costs rose by 16.7 percent to 821 million pounds in 2017 while its profit before tax fell to 162.7 million pounds, primarily due to a 122 million pound increase in the fees payable to Lloyds.

  • Reuters - UK Focus17 days ago

    TSB profit falls, expects to pay more fees to Lloyds

    Britain's TSB Bank expects to pay more in fees to Lloyds Banking Group for using its former owner's banking platform, as it posted a profit fall in 2017 as a result of the payments. Since it was taken over by Spain's Banco Sabadell in 2015, TSB has been using Lloyds' IT infrastructure, at a cost of hundreds of millions of pounds each year. TSB said on Friday its operating costs rose by 16.7 percent to 821 million pounds in 2017 while its profit before tax fell to 162.7 million pounds, primarily due to a 122 million pound increase in the fees payable to Lloyds.

  • Reuters18 days ago

    Hong Kong on alert as ATM withdrawals surge

    Cash withdrawals at Hong Kong ATMs have surged, prompting scrutiny from monetary authorities, the banking industry and police amid media reports that mainland Chinese are withdrawing hundreds of thousands of dollars using up to 50 cards at a time. China has battled to curb capital outflows for years. A move that took effect on Jan. 1 caps overseas withdrawals using domestic Chinese bank cards.

  • Reuters - UK Focus18 days ago

    StanChart gets China state backing

    By Christopher Spink LONDON, Feb 1 - Standard Chartered has signed an agreement with China Development Bank allowing the state-owned institution to provide up to Rmb10bn to the London-listed bank for projects ...

  • Reuters18 days ago

    StanChart signs $1.6 billion 'Belt and Road' funding deal with China

    LONDON (Reuters) - State-owned China Development Bank will make available up to 10 billion yuan (1.12 billion pounds) to Standard Chartered (STAN.L) to fund projects in countries along China's 'Belt and ...

  • Reuters - UK Focus18 days ago

    StanChart signs $1.6 bln 'Belt and Road' funding deal with China

    State-owned China Development Bank will make available up to 10 billion yuan to Standard Chartered to fund projects in countries along China's 'Belt and Road' infrastructure route, StanChart said on Thursday. ...

  • Oilprice.com18 days ago

    Can The Shale Boom Avoid These Bottlenecks?

    The shale boom is gaining momentum, but most of the drilling craze takes place in a surprisingly small geographical area, potentially leading to a number of production bottlenecks

  • Reuters20 days ago

    BRIEF-Standard Chartered Appoints Christine Hodgson As Senior Independent Director

    Jan 30 (Reuters) - STANDARD CHARTERED PLC * STANDARD CHARTERED PLC - ANNOUNCES APPOINTMENT OF CHRISTINE HODGSON AS SENIOR INDEPENDENT DIRECTOR EFFECTIVE FROM 1 FEBRUARY 2018 Source text for Eikon: Further ...

  • Reuters - UK Focus20 days ago

    BUZZ-HSBC Holdings: Investec upgrades, says short Standard Chartered

    ** London-based bank upgraded to "hold" from "sell" by 4-star trader Investec, which recommends switching short positions from HSBC into Standard Chartered ** We think the resumption ...

  • Reuters - UK Focus26 days ago

    MOVES-StanChart hires Taylor-Smith to head strategy

    LONDON, Jan 24 - Standard Chartered has hired Lucy Taylor-Smith as global head of strategy, based in Singapore. Taylor-Smith will join the British bank from Manulife Asia where she was chief strategy officer ...

  • Reuters - UK Focus26 days ago

    Standard Chartered names Lucy Taylor-Smith as global strategy boss

    Standard Chartered has appointed former Manulife executive Lucy Taylor-Smith as its new global head of strategy, the Africa, Asia and Middle East-focused bank said on Wednesday. Taylor-Smith joins from ...

  • World's Highest Rate Has Standard Chartered Loving Argentina
    Bloomberglast month

    World's Highest Rate Has Standard Chartered Loving Argentina

    The Argentine peso has a split personality, with analysts forecasting both big losses in the spot market and the highest total return for emerging-market investors.

  • Reuterslast month

    Standard Chartered creates fintech investment unit

    Standard Chartered said on Wednesday it had established a business unit to invest in financial technology and promote innovation. Dubbed SC Ventures, it will include internal consultants to help the rest of the group solve problems with technology and a team to sponsor and oversee new disruptive technology ventures owned by StanChart. Another part of the new unit will focus on managing the bank's minority investments in 'fintech' and seeking new ones to back.

  • Reuterslast month

    Standard Chartered creates fintech investment unit

    Standard Chartered said on Wednesday it had established a business unit to invest in financial technology and promote innovation. Dubbed SC Ventures, it will include internal consultants to help the rest of the group solve problems with technology and a team to sponsor and oversee new disruptive technology ventures owned by StanChart. Another part of the new unit will focus on managing the bank's minority investments in 'fintech' and seeking new ones to back.

  • StanChart's Khan Sees 2018 Oil Demand Over 1.6 Million Barrels a Day
    Bloomberg Video11 days ago

    StanChart's Khan Sees 2018 Oil Demand Over 1.6 Million Barrels a Day

    Feb.08 -- Standard Chartered Bank Senior Economist MENA, Pakistan Bilal Khan discusses the price and production of oil. He speaks on "Bloomberg Markets: Middle East."

  • Jose Vinals Says Good Things Are Coming From China
    Bloomberg Video26 days ago

    Jose Vinals Says Good Things Are Coming From China

    Jan.24 -- Jose Vinals, chairman at Standard Chartered, discusses his mandate at the company, presence in emerging markets and outlook for China. He joins with Bloomberg's Tom Keene and Haslinda Amin on "Bloomberg Surveillance" at the World Economic Forum's annual meeting in Davos, Switzerland.

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