SCBFF Standard Chartered PLC featured news, full reports, and detailed charts
Standard Chartered PLC (SCBFF/SCBFF.PK) Wrap Up:
Standard Chartered PLC, through its subsidiaries, provides consumer and wholesale banking services to individuals, and small and medium enterprises. The company?s consumer banking services include savings accounts, demand drafts, foreign exchange services, safe deposit boxes, and telegraphic transfers; personal loans and mortgages; credit cards; insurance solutions, including life, savings and retirement planning, health and medical, home, motor, and travel insurance; investment advisory; and international banking. Its services also comprise a range of wealth management products and services, which include investment products, such as cash and cash alternatives, structured products, mutual funds and fund NAVs, client-directed mutual fund portfolios, alternative investments, discretionary portfolios, and signature portfolios; other wealth management services, including fiduciary services, credit facilities, and collateralized trading programs; and art investment and advisory, risk protection, taxation, estate planning and legal, buyers agency, and international residential mortgage referral services, as well as local and foreign currency banking services. The company also offers cash management services, such as current accounts, time deposits, remittances, investment services, ATMs, and Internet and phone banking services; SME treasury services; trade finance and working capital services, including import and export services, express trade, and cross-border financing; and mortgages, overdraft facility, and business installment loans. Standard Chartered?s wholesale banking services comprise trade finance, cash management, securities services, foreign exchange and risk management, capital raising, and corporate finance solutions. It operates approximately 1,750 branches and outlets in the Asia Pacific Region, South Asia, the Middle East, Africa, Europe, and the Americas. The company was founded in 1853 and is headquartered in London, the United Kingdom.www.standardchartered.com
73,802 Employees
Founded in 1853
Standard Chartered PLC (SCBFF:OTC)
|
Market Cap
5.5T
|
Total Revenue
12.5B
|
|
|
EBITDA
--
|
DILUTED EPS TTM
2.26
|
|
|
P/E
1,194.6x
|
P/S
306.2x
|
|
|
Return On Asset
0.95
|
Return On Equity
16.71
|
|
| K = Thousands M = Millions B = Billions | ||
related news
In India, Dow Jones Meets Dharma
02/08/2008 9:02 AM ET
A new set of indices measuring such characteristics as good governance and eco-friendliness is winning favor with investors and gurus alike
In India, Dow Jones Meets Dharma
02/08/2008 9:02 AM ET
A new set of indices measuring such characteristics as good governance and eco-friendliness is winning favor with investors and gurus alike
China's Worrisome Inflation Data
08/13/2007 7:40 AM ET
The mainland's consumer price index shot up 5.6% in July from the previous year, the fastest rate of increase in a decade
China's Worrisome Inflation Data
08/13/2007 7:40 AM ET
The mainland's consumer price index shot up 5.6% in July from the previous year, the fastest rate of increase in a decade
related news
GE invests in Indonesian energy [Connecticut Post, Bridgeport]
Knight Ridder/Tribune - 11/19/2009 4:18 AM ET
Economists: Worst is over: The worst of the Great Recession is over and Latin American economies are poised for better days in 2010, a Latin American bankers conference was told. [The Miami Herald]
Knight Ridder/Tribune - 11/17/2009 9:09 AM ET
Global banks see Lebanon's Cabinet formation as positive for economy [The Daily Star, Beirut, Lebanon]
Knight Ridder/Tribune - 11/16/2009 12:01 AM ET
SCBFF Top Compensated Officers
Mr. Peter Sands
Group Chief Executive, Executive Director, Me...
Age: 47
Total Annual Compensation: $4.1M
Mr. Richard Henry Meddings
Group Finance Director, Executive Director an...
Age: 50
Total Annual Compensation: $2.9M
Mr. Steve Bertamini
Chief Executive Officer of Consumer Banking a...
Age: 44
Total Annual Compensation: $3.3M
Mr. Gareth Richard Bullock
Group Executive Director of Africa, Middle Ea...
Age: 55
Total Annual Compensation: $1.7M
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for Standard Chartered PLC (SCBFF)
Standard Chartered PLC Announces Executive Changes
11/17/2009
Standard Chartered PLC appointed Simon Morris as CEO designate to Sri Lanka. Morris comes to Sri Lanka after a successful stint as CEO for Indonesia where he was instrumental in transforming the Indonesian franchise into a leading market for Standard Chartered. The appointment is subject to necessary regulatory approvals. Morris will replace Clive Haswell, who will take up a regional role as Chief Information Officer, responsible for technology and operations in Middle East and North Africa for Standard Chartered. Haswell completed his term of office in June this year and extended his stay in order to deliver the Bank through a transition the entire country experienced. He will assume his new senior role at the end of the year and will relocate to Dubai. During his period in Sri Lanka, Clive has further enhanced the Bank's relationship with the customers and has been instrumental in driving performance.
Standard Chartered Open To Acquisitions
10/29/2009
Standard Chartered Plc said it remains watchful about the outlook for the global economy after making “good progress” in the third quarter. “It remains too early to call a sustained recovery and we remain cautious on the outlook,” said Chief Executive Officer Peter Sands in a statement on October 29. “However, it is ever clearer that our markets in Asia, Africa and the Middle East are emerging more quickly and stronger than a number of markets in the West.” Finance Director Richard Meddings told journalists on a conference call, “We remain open to acquisitions”. The bank has considered “a significant number” of potential targets, he added. The bank is looking to sell Indian Depository Receipts in the second quarter of 2010 and is “exploring the possibility” of a listing in China, Meddings said.
Standard Chartered PLC expected to Report Fiscal Year 2009 Results on February 26, 2010. This event was calculated by Capital IQ (Created on October 29, 2009).
10/29/2009
Standard Chartered PLC expected to Report Fiscal Year 2009 Results on February 26, 2010. This event was calculated by Capital IQ (Created on October 29, 2009).
SCBFF Competitors
| Company | Last | Change |
| Barclays PLC | 304.25 GBX | -4.15 |
| Lloyds Banking Group | 88.15 GBX | -1.79 |
| National Australia Bank | A$28.69 AUD | -0.23 |
| Westpac Banking Corporation | A$24.20 AUD | -0.48 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | SCBFF | Industry Range |
| Price/Earnings | 100.0x |
|
| Price/Sales | 306.2x |
|
| Price/Book | 189.4x |
|
| Price/Cash Flow | 1,664.1x |
|
| TEV/Sales | 427.7x |
|
|
SCBFF |
||
|
SCBFF transactions
| Type Date |
Target |
|
Private Placement
August 4, 2009 |
-- |
|
Merger/Acquisition
June 30, 2009 |
First Africa Group Holdings Ltd. |
More Recent News About Standard Chartered PLC
More news for SCBFF
A Whiff Of Change For European Banks
It's been less than a month since emerging-markets focused bank Standard Chartered came out with enviably robust earnings for 2008 and an upbeat outlook for the year. Now its back already, joining a host of banks on both sides of the Atlantic to report a strong start to 2009."We've started the year very strongly," Peter Sands, chief executive of Standard Chartered told a press conference in Hong Kong on Tuesday. He added the company, which raised $1.8 billion in a rights issue last year, was "very comfortable" with its capital position, though could never completely rule out raising more money from shareholders. (other-otc: SCBFF - news - people ) is the preferred British-listed bank of many analysts, simply because of its emerging market focus. One of its closest rivals (nyse: HBC - news - people ) also has diversified operations in emerging markets, but its outlook has been dented by Household International, an American subprime lender it bought in 2003 for 10.0 billion pounds ($14.1 billion). (See "HSBC Pays For Its Mistakes.") On March 3, Standard Chartered reported a 17.0% rise in profits for the year. (...Click here to read the whole Article (external link)
Europe Struggles For Gains
After a two-day sell-off, European markets were still struggling to make gains on Tuesday, as the drip of fourth-quarter earnings continued and the Geneva auto show got under way in Switzerland.Europe's 50 leading shares, as measured by the Dow Jones Euro Stoxx 50 index, were down by 0.7% at 1,870.17 points. Automakers were among the worst performers, while banks like Standard Chartered were among the best. (other-otc: SCBFF - news - people ) jumped by 29 pence (41 cents), or 5.0%, to 616 pence ($8.66), in London, after it reported a 2008 net profit of $3.4 billion, beating analysts' forecasts for $3.1 billion. Investors were particularly pleased with the bank's Tier 1 capital ratio, a key measure of the strength of its balance sheet, which came in at 7.5%. "The capital ratios are stronger than our estimates," the European banks team of Nomura International wrote in a note on Tuesday.Shares of (other-otc: BAMXF - news - people ) slipped by 17 euro cents (21 cents), or 0.9%, to 19.02 euros ($24.01), in reaction to the German carmaker's announcing at the Geneva auto show that it would cut 1,000 job cuts in 2009 through attrition, having cut 4,000 po...Click here to read the whole Article (external link)
Europe Struggles For Gains
After a two-day sell-off, European markets were still struggling to make gains on Tuesday, as the drip of fourth-quarter earnings continued and the Geneva auto show got under way in Switzerland.Europe's 50 leading shares, as measured by the Dow Jones Euro Stoxx 50 index, were down by 0.7% at 1,870.17 points. Automakers were among the worst performers, while banks like Standard Chartered were among the best. (other-otc: SCBFF - news - people ) jumped by 29 pence (41 cents), or 5.0%, to 616 pence ($8.66), in London, after it reported a 2008 net profit of $3.4 billion, beating analysts' forecasts for $3.1 billion. Investors were particularly pleased with the bank's Tier 1 capital ratio, a key measure of the strength of its balance sheet, which came in at 7.5%. "The capital ratios are stronger than our estimates," the European banks team of Nomura International wrote in a note on Tuesday.Shares of (other-otc: BAMXF - news - people ) slipped by 17 euro cents (21 cents), or 0.9%, to 19.02 euros ($24.01), in reaction to the German carmaker's announcing at the Geneva auto show that it would cut 1,000 job cuts in 2009 through attrition, having cut 4,000 po...Click here to read the whole Article (external link)
HSBC Joins The Capital-Raising Bandwagon
HSBC Holdings is looking to raise $17.7 billion in new capital with a rights issue, after it reported a higher than expected 62% decline in annual profit. (nyse: HBC - news - people ) said on Monday that its profit before tax in 2008 was $9.3 billion, down from $24.2 billion in 2007. Although net interest income rose by 13%, to $42.6 billion, HSBC’s earnings were greatly hampered by loan impairment charges and other credit risk provisions, which climbed to $24.9 billion in 2008, $7.7 billion higher than the year before.For its businesses in North America, HSBC reported a loss of $15.5 billion, including a goodwill impairment charge of $10.6 billion in personal financial services. The London-based lender decided to close down its U.S. consumer finance business, which would affect about 6,000 jobs.The bank concluded that 2008 was the most extraordinary year for the global economy and financial services in more than half a century. “It marked the first crisis of the era of globalised securitisation. And it also marked the first crisis of the just-in-time global economy as the impact of the financial crisis fed rapidly straight into the performance of the real economy.”HSBC blamed excessive leverage in the banking sector as one of the main causes contributing to the crisis. “Many banks became overgeared and too dependent on wholesale funding, which they assumed, incorrectly, would never dry up”, Stephen Green, group chairman of HSBC, said.The directo...Click here to read the whole Article (external link)
HSBC Joins The Capital-Raising Bandwagon
HSBC Holdings is looking to raise $17.7 billion in new capital with a rights issue, after it reported a higher than expected 62% decline in annual profit. (nyse: HBC - news - people ) said on Monday that its profit before tax in 2008 was $9.3 billion, down from $24.2 billion in 2007. Although net interest income rose by 13%, to $42.6 billion, HSBC’s earnings were greatly hampered by loan impairment charges and other credit risk provisions, which climbed to $24.9 billion in 2008, $7.7 billion higher than the year before.For its businesses in North America, HSBC reported a loss of $15.5 billion, including a goodwill impairment charge of $10.6 billion in personal financial services. The London-based lender decided to close down its U.S. consumer finance business, which would affect about 6,000 jobs.The bank concluded that 2008 was the most extraordinary year for the global economy and financial services in more than half a century. “It marked the first crisis of the era of globalised securitisation. And it also marked the first crisis of the just-in-time global economy as the impact of the financial crisis fed rapidly straight into the performance of the real economy.”HSBC blamed excessive leverage in the banking sector as one of the main causes contributing to the crisis. “Many banks became overgeared and too dependent on wholesale funding, which they assumed, incorrectly, would never dry up”, Stephen Green, group chairman of HSBC, said.The directo...Click here to read the whole Article (external link)
Slump Time For Europe, Interest Rates
European shares traded lower on Thursday, despite a hefty Bank of England rate cut. Yet worries about a long-term recession continued.The Bank of England cut interest rates by one percentage point, to 2.0%, taking borrowing costs to their lowest since 1939, amid signs that the economy is heading for a deep recession. The Dow Jones Euro Stoxx index of 50 leading shares rose by 0.03%, to 2,368.72 points. Britain's FTSE 100 fell by 0.2%, while France's CAC-40 slid by 0.2% and Germany's DAX dove by 0.1%. The S&P/MIB leading-share index in Italy fell by 1.1%. Spain's IBEX index of 35 leading shares was down by 0.5%, at 8,836.10.Banks were trading up before the Bank of England's expected rate cuts announcement, with (nyse: BCS - news - people ), (nyse: HBC - news - people ), (other-otc: HBOOY - news - people ), (nyse: ...Click here to read the whole Article (external link)
Would you like to leave a comment about Standard Chartered PLC SCBFF/SCBFF.PK
Find out what social network information about Standard Chartered PLC are available on RealpenniesWorst 5 - Click here to find out what stocks have been voted down by our visitors and users
Besides Standard Chartered PLC there is more great information available at Realpennies.com