Stanchart

Kotak Bank acquires StanChart's Rs 3,330 crore personal loan portfolio

Open to buy loan pools that meet risk-adjusted return norms

StanChart targets $200 bn new assets; focuses on Chinese, Indian wealthy

StanChart's assets under management sourced from wealthy Chinese and Indians with global needs rose by about 40 per cent and 20 per cent

StanChart aims $200 bn in new wealth assets, eyes Chinese, Indian clients

The bank sees good growth opportunities particularly as clients look to move businesses out of China

StanChart unveils $1.5 bn share buyback, bets on eco growth at Asian mkts

The property market recovery in China "remained slower than expected amidst government support measures", and the bank continues to monitor its portfolios, Stanchart's Chief Risk Officer said

PGIM India MF launches retirement fund; StanChart offers 7.5 mn shares

Standard Chartered Bank is offering up to 7.5 million shares in Central Depository Services India (CDSL) in a placement

StanChart lowers income target as China weighs, launches $1 bn buyback

StanChart also said it would aim to increase returns on tangible equity, a key profitability metric, "steadily" from the current 10% to 12% by 2026

Now boarding: Is India on the cusp of a tectonic shift in retail credit?

First-time customers are emerging as a huge catchment area for retail finance, but dangers lurk in the nooks and crannies

Vedanta seeking $1 bn from global banks to refinance old debt, say sources

Is negotiating with Barclays, JP Morgan, StanChart; fresh fund raising comes within months of the firm having deleveraged its balance sheet by $2 bn

Loved by banks, bond trade worth Rs 2 trn faces scrutiny from RBI

Traders argue that the transactions are structured as so-called forward rate agreements, which are permitted by the RBI, allowing them to clear internal compliance checks

StanChart full-year profit doubles, to begin $750 mn share buyback

The bank said the improved outlook led it to raise its target of delivering a return on tangible equity of at least 7% by 2023, with its longer-term goal being a double-digit return

StanChart Q3 profit doubles as bad loans shrink, trade finance booms

Standard Chartered rode a recovery in pandemic-hit markets to post a stronger-than-expected pre-tax profit for the third quarter on Tuesday

StanChart H1 pretax profit leaps 57%, announces $250 million buyback

Standard Chartered PLC posted a 57% jump in its first-half pretax profit, higher than expected, as the bank benefited from an economic recovery from the coronavirus pandemic

StanChart profit dips as Covid inflates bad loans, high credit impairments

Credit impairments last year more than doubled compared with a year earlier to $2.3 billion because of the pandemic

If 2020 wasn't enough, here are StanChart's 8 big market risks in 2021

A pandemic wasn't on too many lists last year, but global markets have largely recovered from the shock, helped by emergency fiscal- and monetary action

How StanChart wants to go way beyond WFH for 85,000 staff in nine countries

From early next year, it will offer those employees the option of heading to a "near home" location

StanChart GBS' largest office globally coming up in Chennai's DLF Downtown

Standard Chartered GBS is leasing 770,000 sq ft to set-up its largest office establishment in this project

HSBC, StanChart shares fall to 22-yr low on reports of illicit money flows

BuzzFeed and other media articles were based on leaked suspicious activity reports filed by banks and other financial firms with the U.S. Department of Treasury's Financial Crimes Enforcement Network

StanChart's unhappy ending pulls the curtains down on much-touted IDR

India's sole IDR ceases to exists next week; unfavourable regime with regards to taxation, trading and fungibility, and high cost of disclosures and listing, spelled death knell for StanC's IDR

Essar Steel CoC defends lower pay out to Standard Chartered Bank

Apex court starts hearing CoC challenge to NCLAT approving higher payout to operational creditors

Actively considering listing in India, says StanChart

Standard Chartered Bank today said it was actively considering listing its shares in India.