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31.07.25 - 08:18
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StanChart CEO on Earnings, Volatility, Digital Assets (Bloomberg)
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Standard Chartered Chief Executive Officer Bill Winters discusses the bank's performance in the second quarter as adjusted pretax profit came in at $2.4 billion for the three months through June 30. He also talks about market volatility, hybrid working policies, StanChart's stock price, and digital assets. Winters speaks on Bloomberg Television. (Source: Bloomberg)...
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31.07.25 - 07:12
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Standard Chartered second-quarter profit rises 54% (SCMP)
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Standard Chartered said on Thursday its second-quarter net profit rose 54 per cent from a year earlier, driven by strong growth in cross-border trades and wealth businesses that offset rising bad debt, as it unveiled a US$1.3 billion share repurchase plan.
Net profit for the April-to-June quarter rose to US$1.8 billion, or 72.5 US cents a share, from US$1.17 billion a year earlier, the bank said in a filing to the Hong Kong stock exchange. The result exceeded an analysts' consensus estimate of......
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30.06.25 - 13:30
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Top banks bullish on Hong Kong, China stocks amid policy support, earnings (SCMP)
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Mainland Chinese and Hong Kong stocks will rise in the second half as Beijing's policy support is expected to revive earnings growth, according to Standard Chartered and UBS Group.
Standard Chartered was overweight on allocations to Chinese equities due to the de-escalation of tariff tensions with the US following the signing of a framework agreement last week, the UK bank said in a report on the second-half outlook on Monday.
The bank said it preferred Chinese offshore stocks to onshore ones......
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22.05.25 - 03:06
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StanChart on ′Buy America′ Trade, Outlook for Treasury Yields (Bloomberg)
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Standard Chartered's Audrey Goh speaks on Bloomberg's The Asia Trade about the recent spike in US bond yields, driven partly by concerns over the sustainability of US fiscal policies. Despite the ongoing market turmoil, Goh remains optimistic about the near-term outlook for US equities to rebound and notes that market volatility is trending lower. (Source: Bloomberg)...
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