Standard Chartered Bank To Levy 1% Charge On Credit Card EMI Transaction From February Zee News
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Category: Standard Chartered
StanChart CEO Winters Warns US Fiscal Policy Raises Risk of Debt Buyer Strike
Standard Chartered Plc Chief Executive Officer Bill Winters said the US was running the risk of investors snubbing its debt as politicians fail to get a grip on the country’s ballooning deficitBloomberg Terminal. “There is very little sign of fiscal discipline from either party right now, which is I think concerning, but reality finds ways of biting,” said Winters, speaking in a Bloomberg Television interview from the World Economic Forum in Davos. Winters said the US could be hit by “a little bit of a buyers’ boycott” if it didn’t get its house in order.
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Standard Chartered poaches Citigroup veteran Choe to lead global subsidiaries
Standard Chartered poaches Citigroup veteran Choe to lead global subsidiariesStandard Chartered has made a number of key hires in recent monthsWednesday, 10 January 2024 at 04:03Standard Chartered has hired a Citigroup veteran to lead its global subsidiaries unit following an internal reshuffle at the emerging-markets focused bank.Stella Choe has joined Standard Chartered as head of global subsidiaries coverage, according to a statement from the bank, a division that deals with the international banking needs of multinational corporations. She was most recently head of global networking banking at Citigroup, which is in the midst of a strategy overhaul under chief executive Jane Fraser.
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Vietnam’s 2024 GDP growth forecast at 6.7%: Standard Chartered Bank
The Standard Chartered Bank continues to expect a robust 6.7 per cent gross domestic product (GDP) growth for Vietnam this year, with a growth rate of 6.2 per cent in the first half and 6.9 per cent in the second.The country’s retail sales and industrial production have stayed robust despite recent moderation, the bank noted in its report titled ‘Vietnam—Stronger but not easier’.Exports and imports are starting to recover, though electronics-related trade remains tentative. The manufacturing sector stands to benefit from shifting global supply chains, with multiple free-trade agreements.The Standard Chartered Bank expects 6.7 per cent GDP growth for Vietnam in 2024.
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Standard chartered sees Vietnam economic growth at 6.7% this year
Vietnam’s economic growth is forecast to accelerate to 6.7% this year from 5.05% last year, Standard Chartered said on Monday. Inflation is anticipated to pick up to 5.5% in 2024 from 3.3% in 2023, it said in a note, adding monetary loosening has likely ended given Vietnam’s economic recovery had started to gain momentum. (Reporting by Khanh Vu; Editing by Martin Petty)
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