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Standard Chartered PLC

Standard Chartered Targets Wealth Goals by 2028, Integrates HK Clients into Mox

Standard Chartered Announces Target to Achieve Over 15% ROTE by 2028

Standard Chartered Plans to Cut Over 15% of Corporate Function Jobs by 2030

Standard Chartered to Acquire Crypto Custody Business from Subsidiary Zodia

Standard Chartered repurchases 773k shares for £14.6m on May 15

Barclays Raises Standard Chartered Target Price to 2100 Pence

Standard Chartered Repurchased 801,239 Shares on Other Exchanges

Standard Chartered discloses repurchase of 782,380 ordinary shares

Morgan Stanley Raises STC Target Price to HKD221, Maintains Overweight Rating

Standard Chartered repurchased 777,000 ordinary shares

Standard Chartered Receives Rating Changes and Reports Exceeding Earnings Per Share

Standard Chartered Repurchased 160,000 Shares on CBOE BXE

Standard Chartered Repurchased Shares on London Stock Exchange

Standard Chartered Report: Non-US Stablecoins Have 48% Potential, Taiwan Has Development Advantages

Standard Chartered repurchased 800,000 ordinary shares

JPMorgan Reiterates Buy Rating on Standard Chartered Shares

UBS Raises Standard Chartered's Target Price to 2130 pence

Standard Chartered's SC Ventures Invests in Crypto Market Maker GSR Strategically

Citi Raises Standard Chartered Target Price to HKD209 and Maintains Neutral Rating

Standard Chartered Repurchased Shares on HKEX

STAN

Standard Chartered Plc plans to cut over 15% of its corporate support roles by 2030, leveraging AI to enhance efficiency. CEO Bill Winters stated that while there won't be job losses, roles will be reduced in favor of automation. The bank aims for a 15% return on tangible equity by 2028 and a cost-to-income ratio of 57%. This restructuring aligns with industry trends as other banks also seek technological efficiencies.

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BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

StanChart planning to lay off thousands of support staff amid AI push

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Standard Chartered plans to hire more relationship managers in Singapore while cutting over 15% of its global corporate function headcount by 2030, resulting in more than 7,000 job losses. The bank aims to enhance productivity through AI and automation. Despite the cuts, it remains committed to business growth in Singapore and ASEAN, aligning with government workforce transformation plans. The bank also targets a lower cost-to-income ratio and aims to increase its return on tangible equity to over 15% by 2030.

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StanChart Singapore to hire more wealth bankers amid global cuts; impact on other roles still unclear

Standard Chartered has raised its 2030 earnings target to 18%, focusing on wealth, cross-border banking, and digital businesses, with Hong Kong as a key growth driver. The bank aims for a 15% return on tangible equity by 2028 and plans to cut back-office staff by 15% through automation. Investors responded positively, boosting shares by 2.5%. The bank is also accelerating its wealth management target to $200 billion by 2028 and expects fee income to exceed 50% of total income in the coming years.

SCMP

Hang Seng Index

Standard Chartered bets on Hong Kong as it raises long-term earnings goals

Pakistan has successfully issued its inaugural 3-year RMB 1.75 billion panda bond in the Chinese interbank market, facilitated by Standard Chartered as the joint lead underwriter. This issuance, backed by guarantees from AIIB and ADB, attracted significant demand, achieving a pricing of 2.50%. The transaction enhances Pakistan's access to global capital and reflects the growing role of the Renminbi in international finance.

Zawya

ZAWYA: Standard Chartered successfully supports Pakistan's inaugural panda bond issuance

I expect MAS will tighten its monetary policy tomorrow. This should benefit stocks like the three big banks and consumer staples.

🇺🇸🇭🇰🇸🇬 Big moves across US, HK, SG markets. Join the chat &amp; earn Task Coins!

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☕️ [Task Coins Giveaway] Daily Market Talk

MAS is more on the side of &#34;fighting inflation,&#34; but will do so in a very cautious manner, rather than turning fully hawkish.In other words, it's less like &#34;completely standing on the sidelines,&#34; and more like gently tapping the brakes first, then watching oil prices and the Middle East situation.

There is no point in trading the energy spike as the events flip-flops constantly. Staying out of this sector and just invest in areas within my circle of competence, like banks, REITs, Etc.

Firstly, I believe MAS will opt for a moderate strengthening of the SGD rather than implementing aggressive monetary policy changes tomorrow. It is challenging to strike a balance between controlling inflation and maintaining stable unemployment levels. Strong SGD is bad for export industry, especially electronic and pharmaceutical sectors.Lastly, I think the EV automotive, nickel, and solar panel industries stand to benefit from higher energy costs, while most other sectors are likely to be negatively impacted by rising energy expenses.

U.S.-Iran negotiations break down — Trump warns of possible limited military action. The U.S. Navy will begin blockading all maritime traffic in and out of Iranian ports. Oil prices surge.This alone is enough to cause widespread investment anxiety in the investment field. Cash is the king.

US Iran war is just noise, everyone should ignore the noise and engage in proper risk management. It risk of downside is worse than losing the upside.

US Iran talks do not seem to be going anywhere. Too many uncertainties, will be cautious while taking advantage of opportunities

RHB is correct, any supportive measure is not a permenant solution. There is only 1 permenant solution, which is open the straits. The international will needs to be stronger.

Too much uncertainty with stretched valuations. Market resilient so far but volume is tepid. Make whatever of it but I am staying cautious and defensive.

MAS will need to allow SGD to strengthen for sure. This will mean Singapore will be importing more inflation which is bad for us poor folks...

CapitaLandInvest

Standard Chartered PLC(STAN.UK)

StanChart planning to lay off thousands of support staff amid AI push

StanChart Singapore to hire more wealth bankers amid global cuts; impact on other roles still unclear

Standard Chartered bets on Hong Kong as it raises long-term earnings goals

ZAWYA: Standard Chartered successfully supports Pakistan's inaugural panda bond issuance