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When in October 2018, the Government of Thailand rolled out its 20-year plan, the National Strategy 2018–20371, commentators at home and abroad lauded its vision to transform the country into a thriving, developed world nation within decades.Among six strategies outlined in the plan, two were especially noteworthy. The National Strategy on Social Cohesion and Equity2 […]
Awaiting text Download a PDF version of our IMS >Listen to our media call > For further information, please contact:Sarah LindgreenHead of External Communications, Corporate and FinancialTel: +44 20 7885 8764Email: Sarah.Lindgreen@sc.comJames HopkinsonHead of Investor RelationsTel: ++44 20 7885 7151Email: James.Hopkinson@sc.comNote for editorsIR note only. Boilerplate is not used on this note.
Completion of Delisting of Indian Depository Receipts
We’ve completed the sale of our Private Equity portfolio
London – Standard Chartered PLC announces that, as of 31 December 2019, the term of the Independent Consultant, appointed by the New York State Department of Financial Services (“NY DFS”) pursuant to the 21 November 2018 Second Supplemental Consent Order, terminated and the business restrictions previously imposed by the NY DFS (specifically, the prohibitions, obligations, […]
The Group has agreed to a further extension of its US DPAs
As part of the previously announced multi-year Board succession programme, the Board of Directors (the “Board”) of Standard Chartered PLC (the “Company”) announces that Ms Val Gooding and Mr Richard Delbridge will be stepping down from the Board with effect from 1 May 2013.These changes follow the recent appointment of four new independent Non-Executive Directors […]
Standard Chartered PLC (the Group) notes the publication today by the Bank of England of the results of its 2018 stress test exercise. The results showed that, under the Bank of England’s hypothetical annual cyclical scenario, the Group exceeded all hurdle rates. The Group has a diverse and liquid balance sheet and these results demonstrate […]
Completion of sale of interest in PT Bank Permata Tbk
Standard Chartered PLC (the Group) notes the publication today by the Bank of England of the results of its 2019 stress test exercise. The results showed that, under the Bank of England’s hypothetical annual cyclical scenario, the Group exceeded all hurdle rates. The Group has a diverse and liquid balance sheet and these results demonstrate […]
Standard Chartered has pledged that its SME lending will continue to grow and will increase by approximately 45 per cent in its footprint markets of Asia, Africa and the Middle East over the next five years.This commitment represents a continued flow of credit to SMEs by the Bank, a sector that’s vital to fuelling emerging […]
London – Standard Chartered today announced that Pam Walkden, Group Head of Human Resources, will retire from her full-time executive role with the Group at the end of the year. Tanuj Kapilashrami, currently Group Head of Talent, Learning and Culture, will assume leadership of the HR function at that time, subject to regulatory approval. Pam […]
The programme helps equip girls with necessary life skills, education and confidenceStandard Chartered has announced a commitment to empower a further 500,000 disadvantaged girls through Goal, the Bank’s flagship sport-for-development programme that provides financial education and life skills training to girls aged between 12 and 20.Goal, launched by Standard Chartered in 2006, will reach 89,000 […]
Discover more information about the appointment of Ernst & Young LLP’s appointment as Standard Chartered’s auditor from 2020 following approval from the board.
Standard Chartered continues its discussions relating to the potential resolution of the previously disclosed investigation by the US authorities relating to historical violations of US sanctions laws and regulations. Standard Chartered has received a decision notice from the UK Financial Conduct Authority’s Regulatory Decisions Committee (RDC) relating to the previously disclosed investigation by the Financial […]
Standard Chartered PLC (the Group) announces that in response to a request from the Prudential Regulation Authority and as a consequence of the unprecedented challenges facing the world due to the COVID-19 pandemic, its board has decided after careful consideration to withdraw the recommendation to pay a final dividend for 2019 of 20 cents per […]
We have extended our U.S. Deferred Prosecution Agreements (“DPAs”) until 28 July 2018.
LONDON, 21 December 2018 – Further to the legal and regulatory disclosures in its half year report and its Q3 Interim Management Statement dated 31 October 2018, Standard Chartered PLC (“the Group”) announces it has agreed to an extension of its US Deferred Prosecution Agreements (“DPAs”) until 31 March 2019. The Group entered into the […]
The stress test results showed that, under this hypothetical annual cyclical scenario (ACS), we exceeded all hurdle rates and systemic reference points after all strategic management actions (SMAs).