Standard Chartered PLC (“the Group”) today announces the appointment of three external advisor members to its Board Financial Crime Risk Committee (the “Committee”). The three external advisors are outstanding leaders in their fields and will bring valuable insight and a wealth of experience to the Committee. The external advisor members are: Lazaro Campos, former chief...
16 Mar 2015
Standard Chartered today announced that the Standard Chartered Renminbi Globalisation Index (Bloomberg: SCGRRGI <index>), or the RGI, rose to 2,137 in January, up 2.3% from the previous month, the fastest gain in eight months. Cross-border Renminbi payments remained the biggest contributor to the index, followed by CNH FX turnover. The performance of CNH deposits was...
10 Mar 2015
We have a comprehensive programme of ongoing actions to return Standard Chartered to sustainable profitable growth. New financial priorities – CET1 target of 11 to 12 per cent for 2015 and thereafter and to deliver RoE of over 10 per cent in the medium term. Identified sustainable cost savings of more than $400 million for...
04 Mar 2015
Standard Chartered PLC (“the Group”) today announces a comprehensive package of changes to the Board. Bill Winters to be appointed as Group Chief Executive Peter Sands, current Group Chief Executive, to step down from the Board in June 2015 Sir John Peace, Chairman, to step down during 2016 Jaspal Bindra, Group Executive Director, to step...
26 Feb 2015
Standard Chartered PLC (“the Group”) today announces a comprehensive package of changes to the Board. • Bill Winters to be appointed as Group Chief Executive • Peter Sands, current Group Chief Executive, to step down from the Board in June 2015 • Sir John Peace, Chairman, to step down during 2016 • Jaspal Bindra, Group Executive Director, to step...
26 Feb 2015
Standard Chartered PLC (“the Group”) today announces a comprehensive package of changes to the Board. • Bill Winters to be appointed as Group Chief Executive • Peter Sands, current Group Chief Executive, to step down from the Board in June 2015 • Sir John Peace, Chairman, to step down during 2016 • Jaspal Bindra, Group Executive Director, to step...
26 Feb 2015
Standard Chartered has appointed Marie Hong as an Executive Director for its Global Treasury Solutions unit within its Transaction Banking Business. Marie’s appointment follows that of Jasmine Tan and Viplav Rathore in similar roles. Marie, Jasmine and Viplav report to Victor Penna, Head of Treasury Solutions, Transaction Banking. Marie Hong Based in Hong Kong, Marie...
17 Feb 2015
Standard Chartered Bank announced its sponsorship of the EY Entrepreneur Of The Year™ programme, an annual awards programme that honours top entrepreneurs for their contributions to the economy and society. For many years, EY has been committed to supporting entrepreneurship in local economies, and advising and guiding local entrepreneurs as they scale and grow globally....
17 Feb 2015
Standard Chartered today announced that the Standard Chartered Renminbi Globalisation Index (Bloomberg: SCGRRGI <index>), or the RGI, rose to 2,089 in December, up 2% from the previous month. The December increase was led by cross-border Renminbi payments and CNH FX. Renminbi deposits in Hong Kong rose to over CNY1.0 trillion reflecting more favourable offshore interest...
11 Feb 2015
Members of Merseyside Blind FC were invited to Melwood Training Ground recently to take part in a special training session to raise awareness of Standard Chartered’s global charitable initiative Seeing is Believing, which aims to tackle avoidable blindness. Eight players from the squad joined Steven Gerrard, Mamadou Sakho, Adam Lallana and Simon Mignolet for a...
04 Feb 2015
We have appointed two senior executives to global roles in our retail banking business focused on enhancing client experience: Chris Bayliss as Head of Personal Segments, and Anders Carlstrom, Head of Digital Banking. Based in Singapore, Chris and Anders will report to Euan Campbell, Group Head of Segments, and Chris De Bruin, Group Head of...
02 Feb 2015
Mid-sized companies in Asia are highly confident in their ability to grow, and alongside domestic expansion are increasingly looking to international markets to build further momentum, finds a new independent study commissioned by Standard Chartered. The survey of 300 CEOs and CFOs of companies with an annual turnover of between USD30-USD100 million across four of...
21 Jan 2015
The three C’s of rising computer power, increased connectivity and the zero cost of copying digital information are coming together to disrupt business models and bring profound economic change. Rapid progress in artificial intelligence (AI), big data, mobile, cloud, the “Internet of things” (linking machines together), 3D printing and robotics heralds the third stage in...
19 Jan 2015
Standard Chartered PLC “the Group” is announcing the retirement of Richard Goulding as Chief Risk Officer and Jan Verplancke as Chief Information Officer and Group Head of Technology and Operations from the Group, and as Directors of the Court of Standard Chartered Bank. Richard, 55, is retiring from the Group after eight years as Chief...
08 Jan 2015
Standard Chartered PLC (“the Group”) today announced the closure of its institutional cash equities, equity research and equity capital markets “ECM” activities, as the Group continues to exit or reconfigure non-core and underperforming businesses. This decision is in addition to a number of actions being taken to deliver at least US$400m of cost saves targeted...
08 Jan 2015
Standard Chartered today announced that the Standard Chartered Renminbi Globalisation Index (Bloomberg: SCGRRGI <index>), or the RGI, rose 1.2% to 2,048 in November from the previous month mainly driven by cross-border Renminbi payments; this echoes recent data showing that 22% of China’s goods trade was already settled in Renminbi as of November. Three quarters of...
07 Jan 2015
Oman Air and Standard Chartered, through its award winning Aviation Finance team, Pembroke, have signed a Sale and Operating Leaseback transaction for three B737-800 aircrafts. The first two aircrafts were delivered in November and December 2014, with the third delivery planned for February 2015. This transaction is one of the first sale and leaseback transactions...
16 Dec 2014
As part of its strategic priority to combat financial crime and its commitment to improving conduct, Standard Chartered PLC (the Group) today confirms the formation of a Board Financial Crime Risk Committee, which will have Board-level oversight of the Group’s financial crime compliance programme. In addition, the Group is announcing the appointment of nine senior...
10 Dec 2014
Why the next ride up in oil prices may prove just as wild as the previous ones
10 Dec 2014
Standard Chartered has signed a multi-year agreement with Earthport plc. Standard Chartered offers market leading International Automated Clearing House (IACH) coverage in its network of fast growing markets in Asia, Africa and Middle East. Integration with Earthport will bring the Bank’s International ACH payments reach to 50 markets across its footprint. Global economic activity continues to...
09 Dec 2014
Standard Chartered has appointed Dave Murray as Global Head, Research, effectively immediately. Dave reports to Pamela Walkden, Group Business Head, Regions, and will relocate from Hong Kong to be based in Singapore. Dave Murray Dave is responsible for leading Standard Chartered’s world-class Global Research team to provide insightful and incisive research analysis and views to...
02 Dec 2014