StanChart and Old Mutual launch Mena wealth platform

The respective venture capital arms of Standard Chartered and Old Mutual, SC Ventures and NEXT176, have collaborated on the launch of a financial wellness platform.
The move will see two existing ventures merged together – SC Ventures’ Autumn, a wealth planning app incubated in Singapore, and NEXT176’s 22seven, a budgeting app based in South Africa.
The merger is expected to close in Q2 2024.
Standard Chartered to launch digital assets business in Dubai
Singapore wealth manager launches Mena office
The new platform, based in the UAE, will aim to bring AI-led and shariah-compliant offerings to Mena-based retail investors.
One of the reasons for the merger is the growth of the Mena…
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Source: https://www.fundsglobalmena.com/stanchart-and-old-mutual-launch-mena-wealth-platform/

Samoa Observer

Street Talk: Is the internet in Samoa affordable?
Is the internet in Samoa affordable? From the young to the elderly, most use the internet, either for communication, being a social butterfly, education or games. Samoa Observer’s photojournalist Anetone Sagaga asked the members of the public about the price of the internet.

By Anetone Sagaga •
20 March 2024, 7:00PM

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Source: https://www.samoaobserver.ws/

Standard Chartered Bank Pakistan : CERTIFIED TRUE COPY OF THE RESOLUTIONS PASSED IN 18TH ANNUAL GENERAL MEETING -March 29, 2024 at 03:18 am EDT

PUBLIC
I.
standard chartered
SCBPL/CS120241009
29 March 2024
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road
Karachi
Dear Sir,
Certified True Copy of the Resolutions Passed in 18th Annual General Meeting of SCBPL
In compliance with the Clause 5.6.9 (b) of the Rule Book of Pakistan Stock Exchange, we enclose herewith certified true copy of the resolutions passed by the shareholders of the Bank in I 8th Annual General Meeting held on 28 March 2024.
Yours truly,
Asif IqbaAlam Company Secretary
Enclose as above
Standard…
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Source: https://www.marketscreener.com/quote/stock/STANDARD-CHARTERED-BANK-P-6500849/news/Standard-Chartered-Bank-Pakistan-CERTIFIED-TRUE-COPY-OF-THE-RESOLUTIONS-PASSED-IN-18TH-ANNUAL-GENE-46318247/

Analyst recommendations: Nasdaq, Stellantis, Clorox, Ulta Beauty, Standard Chartered… – 2024-03-26

Every morning, find a selection of analysts’ recommendations covering North America and the UK. The list only includes companies that have been the subject of a change of opinion or price target, or of a new coverage. It may be updated during the session. This information can be used to shed light on movements in certain stocks or on market sentiment towards a company.

Nasdaq, Inc.: Goldman Sachs upgrades to buy from neutral with a price target raised from USD 61 to USD 73.Seagate Technology Holdings Plc: Morgan Stanley upgrades to overwt from equalwt with a price target raised from USD 73 to USD 115.Stellantis N.v.: Berenberg downgrades to hold from…
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Source: https://www.marketscreener.com/news/latest/Analyst-recommendations-Nasdaq-Stellantis-Clorox-Ulta-Beauty-Standard-Chartered–46285877/

SNB unlikely to object to modest depreciation of the CHF – Standard Chartered

The Swiss Franc (CHF) has been the weakest performer in G10 year-to-date. Economists at Standard Chartered analyze CHF outlook.

It would take a very hawkish SNB to strengthen the CHF further

The CHF has been the weakest performer YTD in G10 and we expect this subpar performance to continue. 

It would take a very hawkish SNB to strengthen the CHF further and we don’t see much reason for them to go in that direction, even if they hold steady in March and do not commit to a cut in June.

By most measures, the CHF real effective exchange rate is well above historical averages, and we doubt that the SNB would object to modest depreciation. 

Barring a geopolitical shock, we…
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Source: https://www.fxstreet.com/amp/news/snb-unlikely-to-object-to-modest-depreciation-of-the-chf-standard-chartered-202403200945

Standard Chartered Overhauls Investment Banking Leadership

Standard Chartered has made a number of changes to its leadership team.
The British banking giant announced Tuesday (March 11) that it had appointed Roberto Hoornweg, head of financial markets, and Sunil Kaushal, regional CEO for Africa and the Middle East, to serve as co-heads of corporate and investment banking.
They replace Simon Cooper, who had held the job since 2018 and is leaving Standard Chartered to “pursue other interests,” the bank said Tuesday in announcing a broader series of changes to its executive team.
“These changes will ensure we have the strongest possible team in place, with clear accountabilities, to drive our transformation…
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Source: https://www.pymnts.com/personnel/2024/standard-chartered-overhauls-investment-banking-leadership/

Director/PDMR Shareholding – Sharecast.com

This regulatory news is for Private Investors only
I am a private investor

RNS Number : 7007G Standard Chartered PLC 13 March 2024 Standard Chartered PLC – Director/PDMR Shareholding1Details of the person discharging managerial responsibilities / person closely associateda)NameDiego De Giorgi2Reason for the notificationa)Position/statusGroup Chief Financial Officerb)Initial notification /AmendmentInitial3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameStandard Chartered PLCb)LEIU4LOSYZ7YG4W3S5F2G914Details of the transaction(s): section to be repeated for (i) each type of instrument;…
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Source: https://www.sharecast.com/amp/news/Company-Announcement-General/Director-PDMR-Shareholding–dl34152098.html

Standard Chartered PLC Bought Back Total 3.3 Mln Shares For GBP21.5 Mln On March 8


Standard Chartered PLC Bought Back Total 3.3 Mln Shares For GBP21.5 Mln On March 8 – HKEX Filing

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XM does not provide services to residents of the United States of America.


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Source: https://www.xm.com/research/markets/allNews/reuters/standard-chartered-plc-bought-back-total-33-mln-shares-for-gbp215-mln-on-march-8-hkex-filing-53786980