All the updated news related to standard chartered

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City

Banks forecast to show declining profits as loans expected to sour

Most of the major UK banks are expected to show declines in profits as they could potentially start writing off bad loans. All of the Big Five will report their first-quarter results over the next week, and analysts expect all but HSBC to lose ...

22 Apr 2022 at 15:25

UK banks could fail safely as they leave ‘too big to fail’ era behind – report

The UK’s biggest banks are no longer too big to fail and could continue to provide vital services even if they are going through a crisis, according to a report. The Bank of England said that all eight of the high street banks it had assessed ...

10 Jun 2022 at 10:46

City

Shares in Standard Chartered surge after First Abu Dhabi Bank mulls takeover

A takeover offer for global bank Standard Chartered has fallen through, although it briefly sent its shares soaring following speculation of the possible bid. First Abu Dhabi Bank, the largest bank in the United Arab Emirates, told investors ...

05 Jan 2023 at 15:43

City

UAE’s biggest bank says no takeover offer for global bank Standard Chartered

Shares in global bank Standard Chartered have dipped after First Abu Dhabi Bank (FAB) confirmed that a takeover offer is not currently on the cards. The United Arab Emirates’ biggest bank told investors on Friday: “First Abu Dhabi Bank ...

10 Feb 2023 at 08:57

City

Another record for FTSE 100 as Centrica leads risers

The FTSE 100 has struck another record closing price as it finished above 8,000 points for the first time. Rises by British Gas owner Centrica and banking firm Standard Chartered helped keep London’s index of top firms in positive ...

16 Feb 2023 at 17:18

City

Global bank Standard Chartered reports biggest profit since 2014

Global bank Standard Chartered has reported its largest quarterly profit in nearly a decade after cashing in on rising interest rates. The bank, which is largely focused in Asia and emerging markets, said it managed to improve ...

26 Apr 2023 at 11:58

City

Standard Chartered to double spending on wealth arm as outlook hiked again

Standard Chartered has pledged to double investment in its fast-growing wealth management business as the bank raised its outlook after a forecast-beating third quarter. The London-listed group, which makes most of its ...

30 Oct 2024 at 09:39

City

Standard Chartered eyes sale of three African retail banking businesses

Standard Chartered is considering selling a number of its banking businesses across Africa as part of a wider shake-up at the finance giant. The London-listed firm said on Wednesday that it is exploring the sale of ...

27 Nov 2024 at 13:00

City

Standard Chartered hails growth in Asian economies as profits surge

Global bank Standard Chartered has reported a 28% leap in its profits last year, and said the reopening of China after the pandemic is giving grounds for optimism. The bank revealed statutory pre-tax profits of 4....

16 Feb 2023 at 08:18

City

FTSE slips as banks lead fallers after NatWest boss resigns

The FTSE 100 took a step back on Wednesday as banking firms saw their shares dented by the fallout from the row over the closure of Nigel Farage’s Coutts account. NatWest Group was the index’s heaviest faller ...

27 Jul 2023 at 09:08

City

Standard Chartered shares tumble after profits hit by China charges

Global bank Standard Chartered has revealed a slight drop in profits and hiked its cover for loan losses amid growing fears over China’s flailing property market. Shares in the London-listed company plunged ...

26 Oct 2023 at 10:42

City

Sterling drops but gas generators lift the FTSE 100

The pound plummeted but London’s top index was propped up by rises in energy companies and banks which breathed a sigh of relief following the Chancellor’s budget. SSE and British Gas owner Centrica saw ...

17 Nov 2022 at 18:23

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