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19.08.26 - 11:00
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Goldman Sachs upbeat on wealth outlook amid market worries over China′s tighter scrutiny (SCMP)
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Goldman Sachs has remained upbeat about offshore wealth management despite concerns over Beijing's tighter scrutiny of cross-border money flows.
The Wall Street investment bank forecast wealth fee income at Standard Chartered and HSBC to grow 30 per cent and 13 per cent, respectively, in 2026, while projecting 16 to 25 per cent growth for Singapore banks.
“We continue to believe offshore wealth allocation by Chinese clients is driven primarily by diversification benefits and access to a broader......
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29.07.26 - 06:30
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Standard Chartered posts 10% rise in first-half profit, launches US$1b buy-back (SCMP)
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Standard Chartered reported a 10 per cent rise in its first-half profit as strong wealth management gains were offset by an impairment charge tied to the Middle East conflict.
The London-headquartered lender also announced a new US$1 billion share buy-back starting immediately, according to a stock exchange filing on Wednesday.
Net profit climbed 10 per cent in the first six months of 2026 to a record US$3.37 billion, or 151.6 US cents per share, from US$3.07 billion a year earlier. The result......
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25.06.26 - 18:36
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Gold Steadies Near $4,000 as Traders Weigh Interest-Rate Outlook (Bloomberg)
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Gold steadied after the release of US economic data, as traders slightly pulled back on expectations for interest rate hikes.
Suki Cooper, Global Head: Commodities Research at Standard Chartered Bank, discusses her outlook on the precious metals space and why central banks are buying gold amid the pullback. (Source: Bloomberg)...
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19.05.26 - 08:12
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Standard Chartered lifts 2030 earnings target to 18% with Hong Kong at core: CEO Winters (SCMP)
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Standard Chartered has raised its 2030 earnings target to 18 per cent by expanding wealth, cross-border banking and digital businesses, with Hong Kong at the centre of its growth story, according to global CEO Bill Winters.
Investors welcomed the plan, lifting the lender's shares 2.5 per cent to HK$201.60 in Tuesday's morning session, outperforming the benchmark Hang Seng Index, which rose 0.4 per cent.
The London-headquartered lender, which focuses on emerging markets in Asia, the Middle East......
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30.04.26 - 08:36
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StanChart profit rises 19% as wealth management offsets lower rates and rising bad loans (SCMP)
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Standard Chartered's first-quarter profit rose 19 per cent as it achieved strong wealth-management performance, which was offset by lower interest rates and rising bad debt provisions.
Net profit rose 19 per cent year on year in the first three months of 2026 to US$1.9 billion, or 74.2 US cents per share, from US$1.59 billion a year earlier, the bank said on Thursday.
The result was better than analysts' estimates of US$1.33 billion.
The bank's pre-tax profit rose 17 per cent to a record US$2.5......
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30.04.26 - 07:00
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Standard Chartered Q1 Profit Rises (AFX)
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LONDON (dpa-AFX) - Standard Chartered PLC (STAN.L, STAC.L, 2888.HK) reported first quarter profit attributable to parent company shareholders of $1.9 billion, an increase of 19% from a year ago. P......
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