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Standard Chartered (StanChart) Bank has signed a strategic partnership agreement with UAE Exchange, a leading financial services brand in the United Arab Emirates, that further strengthens the existing relationship between the two companies.
Standard Chartered (StanChart) unveiled programme for an up to $1 billion share buyback, its first such in at least 20 years as quarterly profit rose 10 per cent, signalling progress in its turnaround plan. The bank’s shares rose 4 per cent on Tuesday against a 0.5 per cent decline in the STOXX European banks index, as its long-suffering investors
Just as Britain moves to sever its ties with the European Union (EU), two of its biggest banks, HSBC and Standard Chartered, are building up their operations in the bloc in a bid to win more business helping clients grappling with red tape and Brexit.
Standard Chartered’s first-half pre-tax profit rose 19 per cent and beat market expectations, as the emerging markets-focused lender benefitted