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StanChart unveils big buyback, shares jump as CEO bemoans 'crap' share price - Vimarsana News

StanChart unveils big buyback, shares jump as CEO bemoans 'crap' share price

HONG KONG/LONDON :Standard Chartered PLC Chief Executive Bill Winters on Friday bluntly acknowledged the bank's underwhelming share price and vowed to fix it as the lender announced increased dividends, a fresh $1 billion buyback and an 18 per cent increase in annual profit."The share price is crap. I know th

Standard Chartered 3Q Underlying Net Profit $644M Vs. $915M >2888.HK - Vimarsana News

Standard Chartered 3Q Underlying Net Profit $644M Vs. $915M >2888.HK

By Sherry Qin Standard Chartered PLC's third-quarter underlying net profit dropped 30%, weighed by higher credit impairment and operating expenses. The...

Standard Chartered profit swells a surprise 21% on soaring interest rates - Vimarsana News

Standard Chartered profit swells a surprise 21% on soaring interest rates

StanChart, which earns most of its revenue in Asia, said statutory pretax profit for January-March reached $1.81 billion.

Standard Chartered's first-quarter profit rises 21% as interest rates soar - Vimarsana News

Standard Chartered's first-quarter profit rises 21% as interest rates soar

Rising interest rates buoyed cash management income and retail product sales of the emerging markets-focused lender.

Source: cnbc.com
StanChart profit swells a surprise 21% on soaring interest rates - Vimarsana News

StanChart profit swells a surprise 21% on soaring interest rates

Standard Chartered PLC (StanChart) on Wednesday said first-quarter profit jumped 21%, beating expectations, as rising interest rates buoyed income from its cash management and retail banking businesses.