StanChart soars after strong Q1 beat
Standard Chartered reported a strong Q1, exceeding analyst expectations
Standard Chartered
Standard Chartered invests in ethical fintech Algbra
Standard Chartered’s (LSE: STAN) venture capital arm, SC Ventures, is investing in UK-based fintech company Algbra, reports Sky News. The multi-million dollar deal (at least $10 million) will see Algbra’s technology used to build Standard … Read more
Standard Chartered announces $1 billion buyback and dividend hike, shares jump 8%
Standard Chartered (LSE: STAN) shares surged 8.2% in morning trade, erasing some recent losses, after reporting a strong 19% increase in 2023 pretax profits. The positive news was sweetened by a share buyback program and … Read more
Standard Chartered shares tumble 10% after China exposure hits profits
Standard Chartered (LSE: STAN) weathered a significant blow, with its third-quarter profits plummeting by 54% to $633 million due to the bank’s exposure to the volatile Chinese banking and real estate sectors. The Asian-focused lender’s … Read more