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Markets Rakkar has an average return of 5.1% when recommending Standard Chartered. According to TipRanks.com, Rakkar is ranked #1127 out of 7467 analysts. Standard Chartered has an analyst consensus of Hold, with a price target consensus of $6.74. Based on Standard Chartered’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.31 billion and GAAP net loss of $478 million. In comparison, last year the company earned revenue of $3.54 billion and had a net profit of $65 million. Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SCBFF in relation to earlier this year. ....
Standard Chartered (SCBFF) Receives a Buy from Shore Capital analystratings.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from analystratings.com Daily Mail and Mail on Sunday newspapers.
HSBC top staff to hot desk after scrapping executive floor Chief executive Noel Quinn and other senior managers have been kicked out of their offices on the 42nd-floor about 3 hours ago HSBC is looking to reduce its office space in the UK. Photograph: TOLGA AKMEN/AFP/Getty Images
HSBC Holdings has scrapped the executive floor of its Canary Wharf headquarters in London and turned the private offices of its top staff into client meeting rooms and collaborative spaces. Chief executive Noel Quinn and other senior managers have been kicked out of their offices on the 42nd-floor and will hot desk on an open-plan floor two levels below, Quinn told the Financial Times in an interview. ....
HSBC top staff to hot desk at London HQ as bank scraps executive floor business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
With the RBI unable to cut rates due to persistent inflation pressure, tension between traders and the central bank kept building as auctions were scrapped and market participants pushed for a formal bond-purchase plan. MUMBAI: The Reserve Bank of India’s (RBI) pledge to buy as much as 1 trillion rupees (US$13.4bil or RM55.45bil) of bonds this quarter has sent a wave of relief through the sovereign debt market. However, some say the move may be insufficient in the face of the nation’s near-record borrowing plan. India’s benchmark 10-year bond yield extended its decline to 6.01% after posting its biggest intraday drop in two months on Wednesday following RBI’s explicit assurance of debt purchases. ....