STAN.L - Standard Chartered PLC
| Previous close | 671.60 |
| Open | 675.40 |
| Bid | 673.00 x 0 |
| Ask | 673.40 x 0 |
| Day's range | 669.00 - 678.20 |
| 52-week range | 515.60 - 799.40 |
| Volume | |
| Avg. volume | 9,001,122 |
| Market cap | 18.951B |
| Beta (5Y monthly) | 0.87 |
| PE ratio (TTM) | 8.97 |
| EPS (TTM) | 0.75 |
| Earnings date | 28 Jul 2023 |
| Forward dividend & yield | 0.15 (2.20%) |
| Ex-dividend date | 23 Feb 2023 |
| 1y target est | 8.47 |
BloombergPIF’s AviLease Nears Deal for Standared Chartered Jet Leasing Arm
(Bloomberg) -- AviLease, a jet lessor owned by Saudi Arabia’s Public Investment Fund, is in advanced talks to acquire an aviation finance business from Standard Chartered Plc, people with knowledge of the matter said.Most Read from BloombergUkraine Dam Blast Blamed on Russia Tips War Into New PhasePGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUS Crypto Crackdown Reaches Fever Pitch as SEC Sues CoinbaseApple Headset Looks Sleek in Person But Battery Pack Stands OutApple’s $3,499
- Reuters
StanChart in talks to sell aviation finance unit to AviLease - Bloomberg News
Standard Chartered and AviLease parent PIF both declined to comment on Reuters' request. The deal would help AviLease, launched last year, boost its presence in key leasing markets in the Middle East and other parts of the world, the Bloomberg report added.
BloombergSaudi Energy Minister Tells Oil Speculators to ‘Watch Out’
(Bloomberg) -- Saudi Arabia’s top energy official issued another warning to oil short-sellers, just over a week before the OPEC+ alliance is due to meet.Most Read from BloombergCarl Icahn Is $15 Billion Poorer After Hunter Becomes the HuntedMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeChina’s $23 Trillion Local Debt Mess Is About to Get WorseRussia Pushes India for Help to Avert Global Financial IsolationSaudi Energy Minister Tells Oil Speculators to ‘Watch Out’Riyadh and its pa
Yahoo Finance UKFTSE closes in the green, Wall Street mixed as traders monitor US debt talks
A look at how the major markets are performing on Monday.
CoinDeskStanChart-Backed Zodia and LMAX Digital to Provide CoinShares With Crypto Trading Infrastructure
LMAX Digital and Zodia Custody are to provide institutional-grade trading infrastructure and custody to CoinShares.
Fool.co.uk2 ‘new’ FTSE 100 shares I’ve added to my ISA
These two FTSE 100 shares made it into my investment portfolio recently. Here's why I think they can outperform the market moving forwards. The post 2 ‘new’ FTSE 100 shares I’ve added to my ISA appeared first on The Motley Fool UK.
BloombergSaudi Arabia Returns to Debt Market With $6 Billion Islamic Bond
(Bloomberg) -- Saudi Arabia has sold $6 billion of Islamic bonds, just as weaker oil prices push the kingdom’s budget into a deficit.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDow Average Sinks 1% With Washington in Focus: Markets WrapGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubSingapore Airlines Posts Highest Profit in 76-Year HistoryThe country
Fool.co.uk2 cheap FTSE 100 shares! Should value investors buy them today?
On paper these FTSE 100 stocks look too cheap to miss. But are they really brilliant bargains or simply value traps that are best avoided? The post 2 cheap FTSE 100 shares! Should value investors buy them today? appeared first on The Motley Fool UK.
ReutersStanChart to hire 100 staff for new China investment banking unit
HONG KONG (Reuters) -Standard Chartered is hiring at least 100 staff in China as the British lender gears up to launch an investment banking unit in the country targeting niche bond deals, the chairman-designate of the new entity said. The Beijing-based unit, which was awarded a licence in January, is being targeted for launch as early as the end of this year once it is cleared by local regulators, said John Tan, who is also StanChart's Asia head of financial markets. China requires an investment bank to have no less than 10 qualified professionals to start operations.
BloombergStanChart CEO Winters Says Too Big to Fail Must be Reviewed After US Crisis
(Bloomberg) -- The idea that banks are too big to fail needs to be reviewed in the wake of the recent turmoil that’s seen the collapse of four US lenders, including Silicon Valley Bank, according to Standard Chartered Plc Chief Executive Officer Bill Winters. Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateWhy Airfares, Hotels and Cars Are Getting So Expensive for Americans
Simply Wall St.Standard Chartered's (LON:STAN) earnings growth rate lags the 15% CAGR delivered to shareholders
By buying an index fund, investors can approximate the average market return. But if you choose individual stocks with...
Motley FoolWhat Pullback? Bitcoin Can Still Hit $100,000
Year to date, Bitcoin (CRYPTO: BTC) is up 78%, and that's after a minor pullback that saw it lose nearly 10% of its value after briefly touching the $30,000 level for the first time in nearly 10 months. At the same time, Bitcoin continues to outperform just about every other major cryptocurrency. In mid-April, Standard Chartered Bank issued a new price target of $100,000 for Bitcoin for year-end 2024.
ReutersExclusive-Standard Chartered replaces key emissions gauge for oil and gas loans
Standard Chartered Plc said on Friday it has changed its target for curbing carbon emissions associated with its loans to oil and gas companies, ditching a methodology that critics say allows climate-damaging emissions to rise. The Asia, Africa and Middle East-focused bank had previously set a 2030 target to reduce the emissions 'intensity' of loans to the sector by 30% from 2020 levels. As a result, carbon emissions can increase in absolute terms even when emissions intensity goes down, because businesses can become more efficient in reducing emissions and still emit more in total when their activity goes up.
- Business Wire
FRN Variable Rate Fix
LONDON, April 26, 2023-- As Agent Bank, please be advised of the following rate determined on: 4/26/2023Issue
ReutersEuropean shares fall as healthcare stocks hit by drug reforms
(Reuters) -European shares closed lower for the second straight session on Wednesday, weighed down by a slide in healthcare stocks after Brussels published a long-awaited draft of its proposed overhaul of laws governing the European Union's pharmaceuticals industry. The pan-European STOXX 600 index fell 0.8%, with healthcare stocks tumbling 2.5%, clocking its worst performance since late January, 2022. The proposal, which is the biggest overhaul of existing medical laws in two decades, is aimed at ensuring all Europeans have access to both innovative new treatments and generic drugs, and ending huge divergences in access and price between countries.
ReutersStanChart profit beats forecasts on boon from rising rates
Standard Chartered PLC (StanChart) on Wednesday said first-quarter profit jumped 21%, beating expectations, as rising interest rates buoyed income from its cash management and retail banking businesses. Chief Executive Bill Winters said he now expects income for the emerging markets-focused lender to grow around 10% this year, the top of a previously guided range. The earnings update showed how rising central bank rates have boosted revenue, as StanChart charged borrowers more interest while not passing all of the increase to depositors.
Yahoo Finance UKUK banks: Here’s what to expect from Q1 results
Market analysts reveal what could be on the cards for UK bank earnings this week.
CoinDeskBitcoin Price May Hit $100K by Year End, Standard Chartered Bank Says
The report noted that the crypto winter is finally over and bitcoin halving is set to be a positive catalyst for the price.
Fool.co.ukAfter a correction, these FTSE 100 stocks look dirt-cheap!
Dr James Fox details some of his top FTSE 100 stocks to buy after the recent market correction that saw some UK company valuations plummet. The post After a correction, these FTSE 100 stocks look dirt-cheap! appeared first on The Motley Fool UK.
ReutersTanzania auditor says StanChart demanded pricey Turkish contractor in rail loan deal
Tanzania's auditor general has accused Standard Chartered of demanding that the state rail company hire a Turkish contractor who overpriced the cost of building track in a $10 billion mega-project. The bank denied the claim and Turkish construction company Yapi Markezi could not be reached for comment. President Samia Suluhu Hassan's government, which is completing big transportation projects begun by her late predecessor John Magufuli, has been taking action over some past deals where corruption is suspected.
- Simply Wall St.
With 67% ownership, Standard Chartered PLC (LON:STAN) boasts of strong institutional backing
Key Insights Significantly high institutional ownership implies Standard Chartered's stock price is sensitive to their...
ReutersStanChart completes planned redemption of $1 billion shock-absorbing bond
Standard Chartered has redeemed a $1 billion so-called additional tier one (AT1) bond in a move announced before holders of similar securities were wiped out in last month's rescue of Credit Suisse. The $275 billion global market for AT1 bonds, part of bank capital buffers that insulate taxpayers from funding bailouts, was rocked by Swiss authorities' decision on March 19 to write down $17 billion of the Credit Suisse securities. Banks typically redeem AT1 bonds at the earliest opportunity, analysts have said, meaning StanChart's decision to call its bond as planned could provide some reassurance.
Oilprice.comBanking Crisis Has Triggered Capital Flight From Oil To Gold
Oil traders ran for the exit during the last major sell off in oil, and now the latest Commitment of Traders report has revealed where that oil money flowed to
ReutersStandard Chartered agrees to sell business in Jordan
DUBAI (Reuters) -Standard Chartered plans to sell its Jordanian business to Arab Jordan Investment Bank (AJIB), the two parties said on Sunday, as the emerging markets-focused lender presses ahead with plans to exit seven markets in Africa and the Middle East. The bank entered into an agreement with AJIB, subject to central bank approval, which will see Standard Chartered's corporate, commercial and institutional banking, consumer lending and private banking businesses migrated to AJIB. All Standard Chartered Bank employees in Jordan will be transferred to AJIB, it said an emailed statement.
Oilprice.comStandard Chartered: Oil Prices Likely To Head Higher
Commodity experts at Standard Chartered are saying that the path of least resistance for oil prices at this point is higher, not lower
