Streetbeat News

SCBFF

Standard Chartered plc

https://www.sc.com/en/

CEO

William Winters

Industry

Commercial Banking

Open

16.43

Mkt cap

39B

Volume

200

High

16.43

P/E Ratio

11.91

52-wk high

16.43

Low

16.43

Div yield

0.00

52-wk low

7.70

Standard Chartered's head of digital assets research, Geoffrey Kendrick, predicts bitcoin will reach $200,000 this year and $500,000 in the coming years, despite recent selloffs. He attributes this to increased institutionalization of the industry, which should reduce negative events like the recent Bybit hack.

Portfolio Pulse from

February 27, 2025 | 3:00 pm

Standard Chartered PLC (SCBFF) held its Q4 2024 earnings call, discussing the company's financial performance and future outlook. Key participants included executives and analysts from major financial institutions.

Portfolio Pulse from

February 21, 2025 | 9:30 pm

Standard Chartered PLC announced a $1.5 billion share buyback following a 20% increase in pre-tax profit to $6.8 billion, driven by a 13% rise in operating income to $19.7 billion.

Portfolio Pulse from

February 21, 2025 | 8:00 am

Standard Chartered has appointed Maria Ramos as the new chair, succeeding Jose Vinals, who is nearing the end of his nine-year term.

Portfolio Pulse from

February 04, 2025 | 9:30 am

Standard Chartered is experiencing growth in its wealth management sector, which is expected to drive further upside despite cyclical challenges. The stock is considered inexpensively priced, offering a favorable risk/reward balance.

Portfolio Pulse from

January 30, 2025 | 11:00 pm

Standard Chartered has established a new entity in Luxembourg to provide crypto and digital asset custody services in the EU, aiming to capitalize on the increasing demand for digital security.

Portfolio Pulse from

January 09, 2025 | 11:00 am

Globalisation is undergoing a 'reset' as U.S. President-elect Donald Trump threatens to impose trade tariffs, according to a senior executive from Standard Chartered. This development was discussed at a banking conference in London.

Portfolio Pulse from

December 03, 2024 | 10:45 am

Steven Englander from Standard Chartered suggests that the market may be too optimistic about the US dollar's strength, referencing ANZ's prediction of continued depreciation in Asian currencies under Trump's administration.

Portfolio Pulse from

December 03, 2024 | 8:30 am

Standard Chartered Plc (OTC:SCBFF) announced a $1 billion buyback and a final dividend of 21 cents a share after reporting a 63% increase in fourth-quarter adjusted pretax profit to $1.06 billion, beating estimates. The bank launched a 'Fit for Growth' program aiming to save $1.5 billion over three years, despite facing challenges in China and a significant stock value drop after its third-quarter earnings report.

Portfolio Pulse from Benzinga Neuro

February 23, 2024 | 7:23 am

Saudi Arabia has issued $12 billion in debt, its largest foreign borrowing since 2017, contributing to the $25 billion of bonds issued by developing countries this year. The move aims to cover more than half of the nation's fiscal deficit for the year. Citigroup Inc. (C), JPMorgan Chase & Co. (JPM), HSBC Holdings Plc (HSBC), and Standard Chartered Plc (SCBFF) were the main banks handling the sale. Despite this borrowing, Saudi Arabia's total funding requirements are only partially met, but the country's debt stock remains low, allowing for further capital raising. Additionally, Saudi Arabia has cut oil prices significantly, impacting crude oil markets.

Portfolio Pulse from Benzinga Neuro

January 09, 2024 | 8:58 am

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