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Standard Chartered PLC (STAN.L)

STAN.L on London Stock Exchange

676.40GBp
7:30pm IST
Change (% chg)

-11.60 (-1.69%)
Prev Close
688.00
Open
680.00
Day's High
688.40
Day's Low
675.40
Volume
4,532,064
Avg. Vol
6,083,970
52-wk High
787.30
52-wk Low
514.20

Latest Key Developments (Source: Significant Developments)

Standard Chartered Q1 Underlying Profit Before Tax $1.4 Bln, Up 10 Pct
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Standard Chartered Plc ::Q1 UNDERLYING PROFIT BEFORE TAX OF $1.4BN UP 10%.Q1 STATUTORY PROFIT BEFORE TAX OF $1.2BN UP 5%.QTRLY STATUTORY PROFIT BEFORE TAXATION $ 1,242 MILLION VERSUS $1,187 MILLION.REGULATORY APPROVAL RECEIVED TO START BUYING BACK SHARES FOR UP TO $1BN.Q1 OPERATING INCOME OF $3.8BN DOWN 2%; OR UP 2% ON A CONSTANT CURRENCY BASIS.Q1 NET INTEREST MARGIN OF 1.56% DOWN 1BPS QOQ.AS AT MARCH-END COMMON EQUITY TIER 1 RATIO 13.9% PERCENT VERSUS 14.2 PERCENT AS AT DEC-END.SAYS "Q1 PROFIT SUPPORTS OUR BELIEF THAT WE WILL GENERATE FULL-YEAR RETURNS OF AT LEAST 10% BY 2021".$1BN SHARE BUY-BACK PROGRAMME IS EXPECTED TO REDUCE CET1 RATIO IN Q2 BY ABOUT 35BPS.QTRLY UNDERLYING RETURN ON EQUITY 8.5 PERCENT VERSUS 7.6 PERCENT.Q1 UNDERLYING PROFIT BEFORE TAX UP 12% ON CONSTANT CURRENCY BASIS; Q1 STATUTORY PROFIT BEFORE TAX UP 7% ON CONSTANT CURRENCY.  Full Article

PCCW Announces Formation Of JV With Standard Chartered And CTRIP
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Pccw Ltd <0008.HK>::ANNOUNCES FORMATION OF JOINT VENTURE WITH STANDARD CHARTERED AND CTRIP TO ESTABLISH A VIRTUAL BANK IN HONG KONG.UNITS OF HKT AND PCCW ENTERED INTO SUBSCRIPTION AGREEMENT WITH SC DIGITAL, STANDARD CHARTERED AND CTRIP SUB FOR JV FORMATION.BUSINESS WILL BE CONDUCTED BY SC DIGITAL AS JOINT VENTURE COMPANY.HKT SUB AND PCCW SUB HAVE AGREED TO INVEST UP TO FURTHER AMOUNT OF ABOUT HK$239.3 MILLION AND HK$159.5 MILLION, RESPECTIVELY.PCCW SUB HAS AGREED TO SUBSCRIBE FOR 16.1 MILLION ORDINARY SHARES IN SC DIGITAL FOR ABOUT HK$161.1 MILLION.HKT SUB AGREED TO SUBSCRIBE FOR 24.2 MILLION ORDINARY SHARES IN SC DIGITAL FOR AGGREGATE PRICE OF ABOUT HK$241.6 MILLION.  Full Article

S. Africa's Competition Commission Notes Standard Chartered's Guilty Plea For Manipulating The Rand
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - S. AFRICA'S COMPETITION COMMISSION::S. AFRICA'S COMPETITION COMMISSION - STANDARD CHARTERED BANK PLEADS GUILTY IN NEW YORK FOR MANIPULATING THE RAND.S.A.'S COMPETITION COMMISSION -IN CONSENT ORDER, STAN CHART PLEADED GUILTY TO CURRENCY MANIPULATION INCLUDING SOUTH AFRICAN RAND BETWEEN 2007 & 2013.SA'S COMPETITION COMMISSION - WILL CONSIDER IMPACT OF CONSENT ORDER BETWEEN NY DFS & STANCHART ON ONGOING FOREX LITIGATION WITH BANKS IN S. AFRICA.  Full Article

Standard Chartered Agrees Consent Order With The New York State Department Of Financial Services
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - 2888.HK <2888.HK>::AGREED A CONSENT ORDER WITH THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES.SINCE THE CONDUCT TOOK PLACE, CO HAS REMEDIATED ITS SYSTEMS AND CONTROLS.WILL TAKE A PRE-TAX CHARGE OF $40M AS PART OF ITS FULL-YEAR 2018 FINANCIAL RESULTS.DFS MATTER IS UNRELATED TO THE ONGOING SANCTIONS INVESTIGATION BY THE US AUTHORITIES INTO HISTORICAL CONDUCT AND CONTROLS ISSUES.  Full Article

Standard Chartered Submits Announcement On Listing Of Japanese Yen Denominated Bonds
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - 2888.HK <2888.HK>::OVERSEAS REGULATORY ANNOUNCEMENT.SUBMITTED TO HKSE AN ANNOUNCEMENT REGARDING LISTING OF, AND PERMISSION TO DEAL IN, JAPANESE YEN DENOMINATED BONDS.  Full Article

Standard Chartered human resources head to retire
Monday, 5 Nov 2018 

Nov 5 (Reuters) - Standard Chartered ::SAYS GROUP HEAD OF HUMAN RESOURCES PAM WALKDEN TO RETIRE AT YEAR END.STANCHART SAYS TANUJ KAPILASHRAMI, CURRENTLY GROUP HEAD OF TALENT, LEARNING AND CULTURE, WILL SUCCEED WALKDEN SUBJECT TO REGULATORY APPROVAL.  Full Article

Stanchart Plans To Split Asia Into Singapore, Hong Kong Hubs - Bloomberg
Tuesday, 5 Jun 2018 

June 5 (Reuters) - :STANCHART PLANS TO SPLIT ASIA INTO SINGAPORE, HONG KONG HUBS - BLOOMBERG, CITING SOURCES.STANCHART RESTRUCTURING COULD PAVE THE WAY FOR A PARTIAL SALE OR LISTING OF THE NEW UNITS IN THE FUTURE- BLOOMBERG, CITING SOURCES.  Full Article

Barclays CEO Jes Staley Says No Discussion Ongoing With Standard Chartered - CNBC
Tuesday, 5 Jun 2018 

June 4 (Reuters) - :BARCLAYS CEO JES STALEY SAYS NO DISCUSSION ONGOING WITH STANDARD CHARTERED - CNBC.BARCLAYS CEO JES STALEY SAYS ON WHISTLEBLOWER FINE IMPOSED ON HIM THAT HE ACCEPTS FINAL DECISION TAKEN BY REGULATORS - CNBC.  Full Article

Rivian Says Secured $200 Mln Debt Financing From Standard Chartered Bank
Wednesday, 23 May 2018 

May 23 (Reuters) - Rivian::RIVIAN, AN AUTOMOTIVE TECHNOLOGY COMPANY, SAYS SECURED $200 MILLION DEBT FINANCING FROM STANDARD CHARTERED BANK.  Full Article

Standard Chartered discloses gender pay gap of 30 percent
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Standard Chartered Plc ::STANDARD CHARTERED GROUP BONUS POOL FOR 2017 RISES 10 PERCENT TO $1,146 MILLION.STANDARD CHARTERED DISCLOSES GENDER PAY GAP OF 30 PERCENT.  Full Article

Oman hires banks for bond issue, deal could raise $2 billion – sources

DUBAI, May 20 Oman has hired a group of international banks including HSBC and Standard Chartered for a planned bond issue which could go up to $2 billion in size, sources familiar with the matter said.