Standard Chartered PLC
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Roberto Hoornweg
- Full Time Employees
- 80,946
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Address
- 1 Basinghall Avenue London GL United Kingdom EC2V 5DD
- IPO Date
- Oct 8, 2019
- Website
- sc.com
- Similar Companies
- Business
- Standard Chartered PLC is a British multinational banking and financial services company headquartered in London, United Kingdom, and founded in 1969 through the merger of The Chartered Bank of India, Australia and China and Standard Bank of British South Africa. The company operates primarily in Asia, Africa, and the Middle East, where approximately 90% of its profits are generated, serving over 22 million customers across 54 to 59 markets through a network of 83,000 colleagues; it maintains a primary listing on the London Stock Exchange (LSE: STAN) as a FTSE 100 constituent and secondary listings on the Hong Kong Stock Exchange and National Stock Exchange of India, with its largest shareholder being Temasek Holdings. Standard Chartered focuses on three core segments including consumer, corporate, and investment banking (CCIB), and wealth management, offering a comprehensive suite of products and services such as retail banking deposits, mortgages, credit cards, and personal loans; wealth management investments, bespoke advisory, and private banking for high-net-worth individuals; corporate lending, treasury market cash products, demand and controlled deposits, foreign exchange spot, documentary collections, bankers' acceptance, letters of credit, and repo products; capital markets solutions, institutional financing, and sustainable supply chain funding; as well as digital asset custody, stablecoin ventures, and infrastructure debt origination. Geographically, the bank emphasizes cross-border capabilities in emerging markets, with key hubs in Singapore for private banking, Frankfurt for EU operations, and strong presences in countries like India, Pakistan, China, Indonesia via subsidiaries such as PermataBank, and the Bahamas through government refinancing deals. Among its latest major developments, Standard Chartered formed a US$3 billion financing partnership with Apollo in 2025 for global infrastructure and energy transition credit, acquiring a minority stake in Apollo's Apterra platform; raised $1 billion in debt in late 2025 to expand in emerging markets targeting high-growth sectors like information technology and consumer discretionary while advancing Wealth Solutions and Global Banking; launched digital initiatives including appointment as digital asset custodian for 21shares, a HKD-backed stablecoin joint venture with Animoca Brands and Hong Kong Telecom in early 2025, and a $250 million fund for digital asset services via SC Ventures planned for 2026; introduced new health and wellness propositions for affluent clients, expanded its Global Families Network Forum with a Next Gen Programme, and raised over US$3 billion in Signature CIO Funds assets under management by October 2025; appointed Roberto Hoornweg to lead Corporate & Investment Banking and made sustainability-focused hires in September 2025, while deepening campaigns like “Now’s Your Time for Wealth” with Chief Investment Office insights and pioneering bank-to-wallet payments with Ant International and Swift.
Best Income Stocks to Buy for June 26th
Standard Chartered US Recognized as One of the 50 Most Community-Minded Companies in the United States
Standard Chartered upgraded by Deutsche Bank as Asian wealth boom drives earnings outlook
Standard Chartered explores sale of Bahrain wealth and retail unit
Standard Chartered 'overweights' Asia ex-Japan; favours Taiwan, China on AI, earnings
HSBC and StanChart sell-off overdone, says Citi
HSBC, StanChart, Prudential fall after report China tightening offshore account rules
Standard Chartered PLC (SCBFY) Presents at Goldman Sachs 30th Annual European Financials Conference 2026 Transcript
Standard Chartered boss apologises for ‘lower-value human capital' comments amid job cuts
StanChart CEO apologises for 'upset caused' by AI comments
The CEO of Standard Chartered says he's sorry for his 'lower value human capital' comments
Regulators question StanChart following CEO Winters' AI comments amid job cuts, Bloomberg News reports
Standard Chartered CEO walks back comments about replacing 'lower-value human capital' with AI
StanChart CEO Says AI Could Replace 'Lower-Value Human Capital'
StanChart CEO Winters Says AI to Replace "Lower-Value Human Capital"
StanChart CEO seeks to reassure staff over AI-linked job cuts
Standard Chartered Cutting 8,000 Jobs as AI Focus Accelerates
StanChart to cut more than 7,000 jobs as bank steps up AI adoption
StanChart targets higher return in 2028, plans 15% cut in corporate roles by 2030