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StanChart restores dividend as Covid halves 2020 profit - Vimarsana News

StanChart restores dividend as Covid halves 2020 profit

Updated / Thursday, 25 Feb 2021 08:30 StanChart posted a 57% fall in annual profit for 2020 on higher credit impairments due to the Covid-19 pandemic Standard Chartered has restored its dividend and reaffirmed its long-term profit goals, in a show of confidence about its ability to recover from the impact of the Covid-19 pandemic even as its annual profit more than halved.  The Asia, Africa and Middle East-focused bank however cautioned that income in 2021 is likely to be similar to last year. This indicates the challenge it faces to meet its modest profit goals in a world of rock-bottom ...

Source: rte.ie
The Week in Impact Investing: Action - Vimarsana News

The Week in Impact Investing: Action

The Week in Impact Investing: Action The team at TGIF, Agents of Impact!  Game stoppers. It was hard to turn away from the Reddit revolt by small traders, who outmaneuvered Wall Street hedge funds to wreak havoc in the stock markets. The action this week in markets for carbon credits (see Agent of Impact, below), clean technologies (No. 5), climate adaptation ( (No. 2) may be more consequential. President Biden’s executive orders on green jobs ( No. 4), health care and racial justice could have filled The Brief. Public pressure on BlackRock helped spur (No. 1). General Motors swore o...