Standard Chartered PLC

The crisis at indebted developer China Evergrande Group will not curb Standard Chartered's appetite for investing in the country, its Chief Financial officer Andy Halford told a banking conference on Thursday.

A new cryptocurrency research team at Standard Chartered has predicted bitcoin will double in value and hit $100,000 by early next year and that it could be worth as much as $175,000 longer-term.

Standard Chartered said on Monday that it had arranged $1.1 billion of financing to the Angolan government for a water supply project that will serve its capital Luanda.

Companies should not rely on governments to reach agreement at a global summit on climate change this year, but rather take more action themselves, Standard Chartered CEO Bill Winters said on Tuesday.

The Nigerian government on Wednesday picked JP Morgan, Citigroup, Standard Chartered and Goldman Sachs as international bookrunners on a forthcoming eurobond issue, the country's debt office said.

Standard Chartered has begun offering banking services through its branch in Saudi Arabia with a team of 25 people, the bank said on Thursday, as it boosts its presence in the Arab world's biggest economy.

Ghana's finance ministry has signed a loan agreement worth 280 million euros ($334 million) with Standard Chartered to fund a new section of highway, the British bank said on Monday.

A Standard Chartered PLC unit intends to establish a cryptocurrency brokerage and exchange platform in Britain and Europe, targeting institutional clients, the bank said on Wednesday.

Singapore bank DBS, Standard Chartered, Singapore Exchange, and state investor Temasek Holdings said on Thursday they are teaming up to develop a global exchange and marketplace for high-quality carbon credits.

* Cash management business hit by low rates, wealth management strong

Standard Chartered PLC posted on Thursday a higher- than-expected 18% rise in first-quarter pre-tax profit, as the emerging markets-focused bank began recovering from the economic hit caused by the coronavirus pandemic.

* Sets dividend of 10.5 shillings per share (Adds wealth management)

Standard Chartered is likely to reduce its office space by a third in the next three to four years, Chief Financial Officer Andy Halford told Bloomberg TV in an interview.

Standard Chartered PLC (StanChart) on Thursday posted a 57% fall in annual profit, missing analyst estimates, as the Asia-focused bank struggled with fall out from the COVID-19 pandemic.

UBS has hired Standard Chartered banker Axel Granger as its Southeast head of M&A and financial sponsors, two people with direct knowledge of the matter said on Tuesday.

Standard Chartered said on Monday that it was setting diversity targets for its senior leadership teams in Britain and the United States, aiming to boost the number of Black staff in its senior ranks.

Fraud risk analyst Rajendran Raj was used to the odd out-of-hours alert from authorities, but a call one Saturday in March heralded a new era, of tackling criminals seeking to cash in on coronavirus.

Abu Dhabi National Oil Company (ADNOC) is considering the sale of waste management assets held by one of its units and they could fetch around $500 million, sources close to the deal said, as the state-owned firm seeks to monetise non-core assets.

* Impairment charges of $358 million vs estimated $614 million