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Linklogis Starts First Quarter with Strong Performance, with the Transaction Volume Reaching RMB96.2 Billion

Linklogis Starts First Quarter with Strong Performance, with the Transaction Volume Reaching RMB96.2 Billion
tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.

Wuyang , Guangdong , China , Hubei , Shenzhen , Meizhou , Honghua , Bohai , Zhejiang , Bangladesh , Hong-kong , Vietnam

China's banks cut salaries, rescind bonuses amid economic slowdown and Beijing's financial reshuffle

China’s 12 national joint-stock banks reported deep salary cuts last year, while 10 lenders also demanded employees return performance-based bonuses, amid Beijing’s ongoing efforts to reshape the financial industry.

Tianjin , China , Guangzhou , Guangdong , Beijing , Zheshang , Zhejiang , Bohai , Chinese , Ping-an-bank , China-construction-bank

China Asks Some Banks to Limit Backing LGFVs' Offshore Bonds

China Asks Some Banks to Limit Backing LGFVs' Offshore Bonds
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

China , Bohai , Zhejiang , Hengfeng , Jiangsu , Chinese , Yuling-yang , Zhang-dingmin , Li-qiang , Hengfeng-bank-co , National-development , Bohai-bank

International Business: StanChart lowers income target, launches $1 bln share buyback as profit jumps 18 %

International Business: StanChart lowers income target, launches $1 bln share buyback as profit jumps 18 %
gdnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gdnonline.com Daily Mail and Mail on Sunday newspapers.

Ukraine , Bohai , Zhejiang , China , United-kingdom , Russia , Chinese , British , Standard-chartered , Barclays , Deutsche-bank

StanChart announces $1 billion share buyback, dividend hike as 2023 profit rises 18%

HONG KONG/LONDON (Reuters) -Standard Chartered PLC on Friday rewarded shareholders with dividends and a fresh $1 billion buyback as profit rose 18%, but set out underwhelming growth forecasts that will concern investors amid worries about global banks' exposure to China. The bank reported 2023 statutory pre-tax profit rose to $5.09 billion, in line with forecasts, and announced a $1 billion share buyback and a jump in dividend. But the Asia-focused lender set out restrained new guidance, saying it expected income to grow at the higher end of 5-7% in 2024, lower than the previous estimate of 8-10% given last October.

Hong-kong , London , City-of , United-kingdom , Bohai , Zhejiang , China , Russia , Ukraine , Chinese , Selena-li , Kim-coghill

StanChart announces $1 bln share buyback as full year profit rises 18%

Standard Chartered
PLC on Friday reported 2023 pre-tax profit rose 18%, in
line with forecasts, and rewarded shareholders with a $1 billion
share buyback.
StanChart, which earns most of...

Bohai , Zhejiang , China , London , City-of , United-kingdom , Hong-kong , Chinese , Selena-li , Kim-coghill , Lawrence-white , Standard-chartered

StanChart 2023 earnings: $1 billion share buyback, dividend hike

Standard Chartered on Friday reported 2023 pre-tax profit rose 18%, in line with forecasts, and rewarded shareholders with a $1 billion share buyback.

China , Bohai , Zhejiang , Chinese , Bohai-bank , Standard-chartered , Asia-economy , Earnings , Banks , Financials , Standard-chartered-plc

StanChart announces US$1 billion share buyback, dividend hike as 2023 profit rises 18%

StanChart announces US$1 billion share buyback, dividend hike as 2023 profit rises 18%
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

Bohai , Zhejiang , China , Russia , Ukraine , Chinese , Reuters , Bohai-bank ,

Standard Chartered's pre-tax profit climbs 19% to $5.68bn in 2023 despite Bohai hit

Across the year, the Asia and Africa-focused lender took a $850 million hit from its investment in China's Bohai Bank.

Tianjin , China , Bohai , Zhejiang , Chinese , China-bank , Bohai-bank , Haymarket-media , London-headquartered-standard-chartered , Standard-chartered , Banks