StanChart Q1 profits surge on higher interest rates
26th Apr 2023 07:07
(Sharecast News) - Standard Chartered posted better-than-expected profits driven by higher interest rates and forecast annual earnings at the top end of guidance.
Read moreSector movers: Banks pace gains
14th Apr 2023 17:51
(Sharecast News) - Bank shares paced gains at the end of the week amid a raft of well-received sector earnings on the other side of the Atlantic and due to the possibility of further rate hikes in both the US and UK.
Read moreJefferies hikes StanChart price target, says pullback 'seems harsh'
14th Apr 2023 11:45
(Sharecast News) - Standard Chartered rallied on Friday after Jefferies lifted its price target on the 'buy' rated stock to 1,000p from 950p, as it said the share price pullback since March "seems harsh in context of favourable operating trends".
Read moreStandard Chartered to sell Jordanian business to AJIB
27th Mar 2023 09:35
(Sharecast News) - Standard Chartered has agreed to sell its Jordanian business to Arab Jordan Investment Bank (AJIB).
Read moreCredit Suisse shares plunge as SNB rules out further support
15th Mar 2023 11:40
(Sharecast News) - Shares in Credit Suisse plunged to a record low on Wednesday, after a key investor ruled out providing further capital.
Read moreChinese exports continue to decline in February
7th Mar 2023 07:52
(Sharecast News) - China's foreign trade surplus over the first two months of 2023 was larger than expected as the economy reopened and exports rebounded, while import growth lagged behind.
Read moreChinese factory sector activity rebounds more quickly than expected in February
1st Mar 2023 06:41
(Sharecast News) - Factory sector activity in the People's Republic of China ramped up more quickly than expected in February, the results of two closely followed surveys revealed.
Read moreBerenberg ups target for HSBC but prefers StanChart
22nd Feb 2023 11:55
(Sharecast News) - Analysts at Berenberg hiked their target price for shares of HSBC, telling clients that the lender's guidance for net interest income appeared to be "knowingly" conservative and could be supported by non-interest income.
Read moreBerenberg hikes target price on Standard Chartered
17th Feb 2023 10:05
(Sharecast News) - Analysts at Berenberg hiked their target price on consumer bank Standard Chartered from 750.0p to 1,000.0p on Friday, citing "increasingly evident" standalone strength.
Read moreStanChart profits miss estimates but unveils $1bn buyback
16th Feb 2023 07:02
(Sharecast News) - Standard Chartered on Thursday announced a new $1bn share buyback as annual profits rose by almost a third on higher global interest rates, but still missed estimates after a sharp rise in bad debt provisions.
Read moreFirst Abu Dhabi not evaluating offer for Standard Chartered
10th Feb 2023 07:47
(Sharecast News) - First Abu Dhabi Bank reiterated on Friday that it was not evaluating a possible offer for Standard Chartered.
Read moreSector movers: Corporate and M&A news drives moves
9th Feb 2023 17:21
(Sharecast News) - London stocks finished the session on a mixed note, although corporate results and news on the mergers and acquisitions front saw the top-flight index hit a fresh record high.
Read moreFirst Abu Dhabi Bank pressing ahead with offer for StanChart - report
9th Feb 2023 09:21
(Sharecast News) - Standard Chartered surged on Thursday following a report that First Abu Dhabi Bank is pressing ahead with a potential offer for the bank.
Read moreGoldman downgrades Standard Chartered to 'neutral'
2nd Feb 2023 07:34
(Sharecast News) - Goldman Sachs downgraded its stance on shares of Standard Chartered on Thursday to 'neutral' from 'buy'.
Read moreFirst Abu Dhabi mulls fresh approach for StanChart - report
1st Feb 2023 08:40
(Sharecast News) - Shares in Standard Chartered ticked higher in early trading on Monday, after it was reported that First Abu Dhabi Bank was still considering a potential offer for the UK blue chip.
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