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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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24.02.26 - 05:54
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Standard Chartered′s 2025 profit jumps 16% buoyed by robust wealth management growth (SCMP)
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Standard Chartered Bank, one of Hong Kong's three note-issuing banks, reported a 16 per cent profit jump for 2025, as strong wealth management growth helped it weather rising bad debt from the city's commercial real estate slump.
The London-based bank, which generates much of its revenue from Asia, reported an underlying pre-tax profit of US$7.9 billion last year, compared with US$6.8 billion in 2024, the bank said in a stock exchange filing on Tuesday. Underlying earnings per share stood at......
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30.01.26 - 02:00
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Clarity offered as uncertainty persists: Standard Chartered Hong Kong Unveils Global Market Outlook and Local Insights (SCMP)
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[The content of this article has been produced by our advertising partner.]
A month into 2026, banks are publishing market outlooks that impose structure on an uncertain year. Standard Chartered's report favours equities, continues to back AI, looks to emerging market bonds for income and retains gold as a defensive allocation.
The preference for equities, particularly in the US and Asia excluding Japan, are backed by expectations of AI-led earnings growth.
According to the bank's 2026 Global......
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