Standard Bank Group Ltd.

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Standard Chartered unveils record profits

AFP Global Edition 14 days ago

Asia-focused bank Standard Chartered earned record income and profits last year as it battled through the economic downturn, it announced on Wednesday, adding that 2010 had started well. Chief executive Peter Sands meanwhile said that he had decided to donate his annual ...

UK lender Standard Chartered posts record profits

AFP Global Edition 14 days ago

Standard Chartered earned record income and profits last year as it battled through the economic downturn -- and 2010 is off to a good start, the Asia-focused bank has said.. Separately, chief executive Peter Sands said he would donate his annual bonus ...

Standard Chartered sees profits rise

AFP Global Edition 14 days ago

Asia-focused bank Standard Chartered on Wednesday announced a 4.7 percent rise in annual net profits to 3.279 billion dollars (2.407 billion euros). "2009 was the seventh successive year of record income and profits," the bank's chairman John Peace said in the London-based ...

StanChart sees talent fight as FY profit tops $5 billion

Reuters US Online Report Business News 14 days ago

LONDON (Reuters) - Standard Chartered <STAN.L> said it would pay staff $1.1 billion in bonuses in a "red hot" fight for talent after strong investment banking in its core Asian markets in 2009 helped fuel record profits. The bank said on Wednesday ...

HSBC, Standard CEOs to donate bonuses -report

Reuters US Online Report Business News 17 days ago

LONDON (Reuters) - The chief executives of HSBC Holdings <HSBA.L>, Europe's biggest bank, and Asia-focused rival Standard Chartered <STAN.L> are set to give their bonuses to charity, newspapers reported on Sunday, following a high-profile row over the sums paid to bankers. Three ...

IN CHINA, A BURST OF CORPORATE BONDS

BusinessWeek 19 days ago

<div><h1> IN CHINA, A BURST OF CORPORATE BONDS </h1><p>Here's a little-known fact: Chinese companies now issue more corporate debt than their counterparts in Japan, making the yuan-denominated bond market the world's No. 3, after those for dollars and euros. In the first ...

WPP says buys majority stake in Vietnam PR group

AFP Global Edition 19 days ago

<div><p>WPP, the British advertising group, said it had acquired a majority stake in T&amp;A Communications, a public relations and events company based in Vietnam, for an undisclosed amount.</p><p>"This investment continues WPP's strategy of developing its networks in fast growing markets and sectors," ...

Global stock market rally falters

AFP Global Edition 19 days ago

<div><p>A global stock market rally faltered on Tuesday as European stocks fell on profit-taking, despite Tokyo striking a 10-month high on global economic optimism and company earnings news.</p><p>Japanese shares gained 0.22 percent to reach the multi-month pinnacle after Wall Street had also ...

Standard Chartered posts record profits

AFP European Edition 19 days ago

<div><p>Emerging markets bank Standard Chartered posted record first-half profits on Tuesday and launched plans to raise extra cash from shareholders to fund ambitious growth in Asia, Africa and the Middle East.</p><p>Pre-tax profits surged 9.7 percent to a record 1.765 billion pounds in ...

Standard Chartered bank posts record profits

AFP Global Edition 19 days ago

<div><p>Emerging markets bank Standard Chartered posted record first-half profits on Tuesday and launched plans to raise extra cash from shareholders to fund ambitious growth in Asia, Africa and the Middle East.</p><p>Pre-tax profits surged 9.7 percent to a record 2.838 billion dollars (1.971 ...

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