Standard Chartered PLC (SCBFY) Research
Standard Chartered PLC, along with its associated entities, delivers a comprehensive suite of banking and financial services across key global regions, notably Asia, Africa, Europe, the Americas, and the Middle East. The organization is structured into two primary operational units: Corporate, Commercial and Institutional Banking, and Consumer, Private and Business Banking. Its extensive range of offerings includes essential retail banking products such as deposits, savings accounts, mortgages, credit cards, and personal lending. The company also provides sophisticated wealth management solutions, encompassing investment opportunities, portfolio administration, insurance products, and personalized financial advice. For businesses, it facilitates transaction banking services like efficient cash management, working capital provisions, and trade financing. Moreover, Standard Chartered is active in financial markets, offering specialized services that cover project and transportation funding, debt capital market instruments, leveraged finance, various financing and securities services, as well as sales and structuring support. This is complemented by its trading activities across macro, commodities, and credit markets. The bank also embraces technological advancement, providing diverse digital banking platforms. Serving a broad spectrum of clients, from financial institutions, governments, and other banks to investors, corporations, small businesses, and individuals, Standard Chartered operates through approximately 776 physical branches. Founded in 1853, the company's head office is located in London, United Kingdom.
Market snapshot
- Symbol
- SCBFY
- Price
- $54.66
- Day change
- +1.58%
- Market cap
- $59.1B
- P/E ratio
- 11.25x
- 52-week range
- 31.25-56.59
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Next earnings
- in 1 month
Recent news
- HSBC, StanChart, Prudential fall after report China tightening offshore account rules
Shares in British financial services firms with exposure to China fell on Thursday, after a report in Chinese press said that residents of mainland China were facing greater constraints on opening offshore accounts at major Hong Kong banks.
- StanChart CEO apologises for 'upset caused' by AI comments
Standard Chartered CEO Bill Winters apologised for the upset caused to staff by his remarks about artificial intelligence replacing "lower value" human workers, but stopped short of retracting the comments on Friday.
- The CEO of Standard Chartered says he's sorry for his 'lower value human capital' comments
Standard Chartered's CEO apologized for describing some workers as "lower-value human capital." Bill Winters' comments this week sparked a debate about companies' approach to staff in the AI age.
Peer companies
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