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
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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

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

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

Standard Chartered PLC’s Dividend Analysis

Assessing the Upcoming Dividend and Historical Performance of SCBFY Standard Chartered PLC (SCBFY, Financial) recently announced a dividend of $0.53 per share, payable on 2024-06-03, with the ex-dividend date set for 2024-03-08. As investors look forward to this upcoming payment, the spotlight also shines on the company’s dividend history, yield, and growth rates. Using the data from GuruFocus, let’s look into Standard Chartered PLC’s dividend performance and assess its sustainability. What Does Standard Chartered PLC Do? Standard Chartered Bank was established in 1853 by Royal Charter in the United Kingdom, with holding company Standard Chartered PLC incorporated in 1969. The bank is…
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Source: https://www.gurufocus.com/news/2379292/standard-chartered-plcs-dividend-analysis

Standard Chartered Bought Back Total 2.7 Mln Shares On March 4


Standard Chartered Bought Back Total 2.7 Mln Shares On March 4 – HKEX Filing

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

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-bought-back-total-27-mln-shares-on-march-4-hkex-filing-53781984

HSBC, StanChart Explore ‘Transition’ Credits for Coal Clients

HSBC Holdings Plc and Standard Chartered Plc are working on a new kind of financial instrument that’s designed to monetize the shift away from high-carbon assets.The so-called transition credits would represent the difference between the emissions that would have been, had a coal-power client continued its business as usual, versus the lower level of emissions achieved by retiring a coal plant early.
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Source: https://www.bloomberg.com/news/articles/2024-03-02/hsbc-stanchart-explore-transition-credits-for-coal-clients

Standard Chartered Bought Back 2.1 Mln Total Shares On Feb 27


Standard Chartered Bought Back 2.1 Mln Total Shares On Feb 27 – HKEX Filing

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

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-bought-back-21-mln-total-shares-on-feb-27-hkex-filing-53776648

Standard Chartered Full Year 2023 Earnings: Misses Expectations – Simply Wall St

Standard Chartered Full Year 2023 Earnings: Misses Expectations  Simply Wall St
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Source: ”
https://simplywall.st/stocks/gb/banks/lse-stan/standard-chartered-shares/news/standard-chartered-full-year-2023-earnings-misses-expectatioRhttps://simplywall.st/stocks/gb/banks/lse-stan/standard-chartered-shares/news/standard-chartered-full-year-2023-earnings-misses-expectatio/amp

Job Opportunity for Graduates at Standard Chartered

Job Opportunity for Graduates at Standard CharteredOverview:Standard Chartered is hiring an experienced CRU at their Chennai location. You will handle Customer Complaints and give quick / prompt resolution and handle customer Business Client Calls / Issues quickly and effectively and end to end resolution (if applicable).The complete details of this job are as follows:Roles and Responsibilities:StrategyTo be good and analytical.BusinessContact centre complaints resolution Unit.ProcessesCCCRisk ManagementOperational RiskRegulatory and Business ConductDisplay exemplary conduct and live by the Group’s Values and Code of Conduct.Take personal responsibility for embedding the highest…
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Source: https://studycafe.in/job-opportunity-for-graduates-at-standard-chartered-291694.html