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The Latest Breaking News from Standard Chartered

If U.S. defaults on debt Bitcoin could rise nearly 70%, says Standard Chartered analyst

Standard Chartered's Geoff Kendrick is bullish on Bitcoin regardless, even as Warren Buffett calls it a "gambling token."

Fortune

Rates lift Standard Chartered to best results since Asia slowdown hit in 2014

The success came despite wider uncertainty around the banking sector

Evening Standard

StanChart sees more stability post-election

Standard Chartered Bank (Thai) expects the new administration is likely to have greater stability and unity than the current government thanks to a stronger political base.

Bangkok Post

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Standard Chartered Agrees to Sell Business in Jordan

Standard Chartered plans to sell its Jordanian business to Arab Jordan Investment Bank (AJIB), the two parties said on Sunday, as Standard Chartered presses ahead with plans to exit seven markets in Africa and the Middle East. The bank entered into an agreement with AJIB, subject to central bank approval,…

Asharq Al-Awsat

Deutsche Bank leads sell-off in European bank shares

FTSE 100 also falls amid fears another bank could slip into trouble after UBS takeover of Credit Suisse

The Guardian - UK

Liverpool may already have pre-season tour plan plotted out for next three years

Liverpool are understood to be likely to head to the Far East once again this coming summer

Liverpool Echo

UK and US shares climb as banks and ministers aim to calm Credit Suisse fears

FTSE 100 rises and European banking shares are up after early jitters over what UBS takeover deal means for bondholders

The Guardian - UK

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Liverpool strike new sponsorship deal as £247m figure set to keep on rising

Liverpool are continuing to maximise commercial opportunities that come their way as new Expedia deal sealed

Liverpool Echo

Liverpool already chasing their next deal as Nike helps secure £247m boost

Liverpool have grown their commercial revenues by £29m but aim for further boosts to bridge gap of £80m to Manchester City

Liverpool Echo

Standard Chartered top bankers to receive biggest bonuses since financial crisis

Emerging markets-focused bank records strong performance with profits up by 28%

The Guardian - UK

$1bn buyback from Standard Chartered, but profits disappoint City

Standard Chartered, the Asian focussed City bank, that has often flattered to deceive disappointed City analysts today with lacklustre returns.

Evening Standard

Sabuy aims to capture society’s basic needs

Founded as a top-up machine operator in 2015, Sabuy Technology Plc has shifted focus to a commerce lifestyle platform provider, aiming to become an infrastructure operator in that sector regionally by next year.

Bangkok Post

First Abu Dhabi Bank: No Longer Considering Possible Offer for StanChart

First Abu Dhabi Bank (FAB), the United Arab Emirates' biggest lender, said on Thursday it was considering a bid for London-listed Standard Chartered but was no longer doing so. Bloomberg had earlier reported that FAB had been exploring an offer for Standard Chartered as part of a plan aimed at…

Asharq Al-Awsat

Standard Chartered shares jump as much as 20% after First Abu Dhabi Bank takeover report

The financial sector lit up the FTSE 100 after a report of international bid interest in Standard Chartered, which sent shares in the emerging markets lender up by as much as 20%.

Evening Standard

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Fortune

Crypto took such a beating in 2022 that U.S. regulators have teamed up for the first time to sound the alarm to banks

Deutsche Bank, Wells Fargo, Citigroup and Bank of America have all invested in crypto staffing divisions in recent years.

Liverpool Echo

Chelsea have encountered £20m problem Liverpool shouldn't ignore

Chelsea are to see their £20m per year sleeve sponsorship ended with cryptocurrency firm WhaleFin

Bangkok Post

Economists upbeat on 2023

Thailand's economic outlook remains positive for next year despite global headwinds, according to economists.

Bangkok Post

Boosting Thailand’s social capital through blockchain technology

It is often said that innovation and sustainability go hand in hand. Frequently, changes brought about by new business models and the rise of novel technologies can in turn create a raft of positive outcomes for company stakeholders and the broader environment.

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Liverpool Echo

Why Liverpool are wearing different shirt sponsors for Man City match

Eagle-eyed Reds supporters will have noticed a change to Liverpool’s kit for this afternoon’s game against Man City

The Conversation

Young people in poorer places are often failed by banks – here's what needs to change

As the global population grows, it has been estimated that by 2030 the world will need more than 600 million new jobs. Many of these will be required in developing countries, where young people already struggle to find work, pay is low, and working conditions are often poor.

Liverpool Echo

Liverpool announce deal with major partner for huge 'long-term' boost

Liverpool have signed up Coca-Cola as an official club partner in a long-term deal

Evening Standard

Keir Starmer calls for emergency Parliament recoil amid turmoil in UK financial markets

‘What the Government needs to do now is recall Parliament and abandon this budget’

The Guardian - UK

The City’s five biggest banker bonuses since 2006

Big paydays for the financial sector could be here again as the chancellor considers abolishing the bonus cap

Bangkok Post

Depleting reserves spell risks for emerging Asian currencies

Emerging Asian central banks have seen a sharp depletion in their foreign-exchange reserves, stoking concerns it may crimp market interventions to curb currency losses in the face of the mighty dollar.

Liverpool Echo

Liverpool poised for £70m shirt boost as Barcelona deal exposed

Liverpool are currently in negotiations over their sleeve sponsorship deal from next season

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