Banking and financial services. Standard Chartered employs 38,000 people in 950 locations in more than 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas. Standard Chartered is one of the worlds most international banks, with employees representing 80 nationalities. It serves both Consumer and Wholesale Banking customers. Consumer Banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals and small to medium sized enterprises. Wholesale Banking provides corporate and institutional clients with services in trade finance, cash management, lending, securities services, foreign exchange, debt capital markets and corporate finance.

Red = 25 day moving average. Green = 200 day moving average.

The Business - 19/10/2006

Bid fever over Standard Chartered - Helen Dunne & Ben Marlow


Standard Chartered Bank, which in the past has rejected approaches from virtually every British high street bank, is once again at the centre of takeover rumours.

The London-based bank, with operations in 56 countries and employees of 89 nationalities, is viewed as an ideal way for a rival to gain exposure to some of the worlds fastest growing regions.

Led by Welshman Mervyn Davies, 53, Standard Chartered has just announced the 650m acquisition of Hsinchu International, a Taiwanese retail bank, becoming the first British bank to buy into the country. Over the past 18 months, Standard Chartered has also made acquisitions or bought stakes in operations in Pakistan, China, Bangladesh, Vietnam and Korea.

Its diverse portfolio has already caught the attention of two hedge funds. A Dubai investment fund bought a 2.7% stake while Temasek, an arm of the Singaporean government, acquired an 11.5% holding.

Analysts believe Standard Chartereds investors gain an exposure to fast growing regions, with the security of a UK corporate governance structure.

The Observer - Sunday October 22, 2006

Dubai set to increase stake in Standard Chartered - Richard Wachman


Dubai is considering raising its stake in Standard Chartered to as high as 20 per cent at a cost of $7bn, according to sources in the oil-rich state.

The country's state-owned investment company, Istithmar, recently splashed out $1bn for a 2.7 per cent holding in Standard, making it the biggest shareholder behind Temasek, an arm of the Singapore government, which has nearly 12 per cent.

The prospect of Dubai increasing its holding in a bank long rumoured to be a takeover target is bound to increase speculation about an eventual stand-off between the Singaporeans and Dubai. Last year the two fought a battle for P&O, the UK ports group, which Dubai won.

Significantly, perhaps, the man behind Istithmar is the same individual who saw off Temasek at P&O. His name is Sultan Ahmed Bin Sulayem, and observers say he has considerable resources at his disposal for foreign investments.

A London-based investment banker said: 'What people expect is that Istithmar will act slowly, increasing its stake to 5 per cent, probably quite soon, and then to a level that is similar to Temasek's. But it must be a strong possibility that it could go much higher to block off the Singaporeans, and thereby lay the foundations for a future bid battle.'

A spokesman for Standard said: 'We don't comment on market speculation. But we have a clear strategy and strong momentum. We view any interest shown by investors as an endorsement of our growth strategy and performance.'

Mervyn Davies, the chief executive of Standard, has long maintained that the bank is happy pursuing an independent path and is not courting bidders.

Standard has attracted interest in the past from American rivals, such as JP Morgan, Citigroup and Bank of America. Royal Bank of Scotland under Fred Goodwin has also run a slide rule over Standard, which has businesses in the Middle East and Africa as well.

The bank is viewed in the City as an ideal way for shareholders to gain exposure to some of the globe's fastest-growing markets, particularly in Asia. Standard has been investing heavily in the region in the past 18 months, firing off bids for banks in Taiwan, Pakistan and South Korea.

Davies has revived the fortunes of the bank following a period of management infighting, which led to the loss of two chief executives before his arrival in 2003.

Telegraph.co.uk - 23/10/2006

Corus deal to net Standard Life 100m - By John Burman


Standard Life, the Corus shareholder which has complained that Tata Steel's 4.3bn agreed offer for the Anglo-Dutch steel firm is too low, is set to make a profit of more than 100m from its 7.9pc holding.

Fund managers at Standard Life are believed to have bought the stake in Corus at an average price of about 300p a share.

Tata Steel's 455p-a-share offer for Corus would represent a 50pc return for Standard Life, which is nevertheless unhappy at the price agreed. On Friday, Standard Life described the offer from Tata as "lower than we would have expected the board of Corus to agree to" on the basis that merging the two businesses would lead to substantial savings.

Good recovery this week.

NICE MOVE

Results due tomorrow.

EARNINGS PREVIEW: Standard Chartered 1st Half Pretax Profit Seen -5.4%


Standard Chartered (STAN.LN): 1H Earnings
Due: August 4 at 0830 GMT
DJ Survey of 6 Analysts

Avg Pretax Profit: $2.45B, -5.4% ($2.59B in 1H 2008)
Avg Net Interest Income: $3.76B, +1.3% ($3.71B in 1H 2008)
Note: Standard Chartered is expected to report a good half in wholesale banking but with higher loan losses and weak margins in consumer lending. Analysts are focused on the outlook for consumer business and news of any new business ambitions or acquisitions. (MCP)

Interims part 1

Interims part 2

Interims part 3.

Interims part4.

Not keen on most banks lately but watch this one occasionally.

Up about 30 pts on the statement then a spike down just before 9 am. by a similar amount.

My question is, is this usual activity STAN watchers please?

Number of shares, debentures or financial instruments relating to shares disposed

Gareth Bullock - 40,000 (0.002%)

Richard Goulding - 70,000 (0.0035%)

Richard Meddings - 50,000 (0.0025%)

Peter Sands - 60,000 (0.003%)

Been thinking about a dip in here.. glad I didn't after seeing this tonight.

Final Results.

Highlights

Reported results

Operating income up 9 per cent to $15,184 million (2008: $13,968 million)

Profit before taxation up 13 per cent to $5,151 million (2008: $4,568 million)3

Profit attributable to ordinary shareholders1 up 4.7 per cent to $3,279 million (2008: $3,131 million)3

Performance metrics2

Normalised earnings per share up 2.8 per cent at 179.8 cents (2008: 174.9 cents)

Normalised return on ordinary shareholders' equity of 14.3 per cent (2008: 15.2 per cent)

Recommended final dividend of 44.80 cents per share resulting in an annual dividend for 2009 of 66.03 cents per share up 7.2 per cent from 61.62 cents per share for 2008

Normalised cost income ratio of 51.3 per cent (2008: 56.1 per cent)

Advances-to-deposits ratio of 78.6 per cent (2008: 74.8 per cent)

Core Tier 1 capital ratio at 8.9 per cent (2008: 7.5 per cent4)

Total capital ratio at 16.5 per cent (2008: 15.6 per cent)

12 well and truely broken and 12 month low to boot!

Interim Management Statement.

Pre-close trading update.

TIDMGKO TIDMSTAN

RNS Number : 0165U

Greenko Group plc

15 December 2011

15 December 2011

Greenko Group PLC

("Greenko" or "the Group")

Standard Chartered to invest US$70 million in Greenko

Greenko, the Indian developer, owner and operator of clean energy projects, announces that its subsidiary Greenko Mauritius, has today secured commitment for a US$70 million investment from Standard Chartered (LSE: STAN). The proceeds from this investment will be used to support the development of renewable power projects in Greenko's strong developmental portfolio of 1.6GW dominated by hydro and wind assets.

In June, the Company announced its intention to seek finance at PLC and subsidiary levels in order to become fully funded to 1GW at a competitive cost of capital. Today's agreement with Standard Chartered follows the investment from General Electric Energy Financial Services announced earlier in the year and completes the process at a price which protects shareholders in the short term and enhances value going forward.

Greenko strongly believes that it will benefit from Standard Chartered's strong expertise and ability to deploy its balance sheet through debt solutions into its projects. Greenko will also benefit from Standard Chartered's commitment towards Sustainability of which renewable energy is a key theme. Standard Chartered has demonstrated investment expertise in the renewable space through mobilization of US$ 6.4 billion in debt and equity globally since 2008. This is also the first investment that Standard Chartered has made in the Indian renewables industry.

The investment by Standard Chartered includes a convertible tranche which entitles Standard Chartered to participate in the ipo of any of Greenko's subsidiaries, and under certain conditions provides Standard Chartered with the right to convert this tranche into the Group's main holding company shares at a mutually agreed internal rate of return.

Commenting on the deal, Anil Chalamalasetty, CEO and MD of Greenko, said: "We are delighted to partner with Standard Chartered, a leading global bank with a committed focus on sustainable energy investments. This, coupled with their strong presence in India, could provide us with financing solutions that could greatly enhance the return profile of Greenko's project assets and shareholder value. This announcement represents a further step in establishing Greenko as a leading renewable energy provider in India."

Commenting on the deal, Nainesh Jaisingh, Global Co-Head-Private Equity, Standard Chartered, said: "This investment expands our presence in one of the world's fastest growing power markets with a local and proven renewable energy developer and is in line with our client centric investment philosophy. Standard Chartered intends to support Greenko to propel them into the next stage of their growth. Given the funding profile and requirements of Greenko and the capabilities of Standard Chartered across products and geographies, we believe this will be a growing relationship"

Final Results.


Reported results

-- Profit before taxation of $6,775 million, up 11 per cent (2010: $6,122 million)

-- Profit attributable to ordinary shareholders(1) of $4,748 million, up 12 per cent (2010: $4,231million)

-- Operating income of $17,637 million, up 10 per cent (2010: $16,062 million)

-- Strong balance sheet growth. Customer advances up 9 per cent to $269 billion and customer deposits up 11 per cent to $352 billion

Performance metrics(2)

-- Dividend per share increased 10 per cent to 76.00 cents per share (2010: 69.15(4) cents per share)

-- Normalised earnings per share marginally up 0.5 per cent at 198.0 cents (2010: 197.0 cents)

-- Normalised return on ordinary shareholders' equity of 12.2 per cent (2010: 14.1 per cent)

Capital and liquidity metrics

-- Tangible net asset value per share increased 6.5 per cent to 1,355.6 cents (2010: 1,273.4 cents(3) )

-- Core Tier 1 capital ratio at 11.8 per cent (2010: 11.8 per cent)

-- Total capital ratio at 17.6 per cent (2010: 18.4 per cent)

-- Advances-to-deposits ratio of 76.4 per cent (2010: 77.9 per cent)

-- Liquid asset ratio of 27.5 per cent (2010: 26.6 per cent)

Significant highlights

-- Ninth successive year of record income and profit with compound annual growth of 16 per cent in income and 21 per cent in profit over this period

-- Wholesale Banking delivering over $5 billion of profit in a year for the first time and Consumer Banking growing profit by 26 per cent

-- Delivered a strong broad-based and diverse performance, with 24 markets generating income in excess of $100 million

-- Expense growth in line with revenue growth whilst continuing to invest

-- A highly liquid, well diversified and strong balance sheet with limited exposure to problem asset classes

-- Capital ratios continue to position the Group well to meet evolving regulatory requirements whilst continuing to grow

Interim Management Statement.

StanChart sees first-half profit growth slowing to under 10 percent

HONG KONG | Wed Jun 27, 2012 5:34am BST
(Reuters) - Standard Chartered said on Wednesday it expects pretax profit in the first half of this year to grow by less than 10 percent, slowing from previous years and hit by an appreciating U.S. dollar.

Pretax profit in the January-June is also expected to slow to below 10 percent, the bank said in a filing to the Hong Kong bourse, adding that headcount levels at the end of May were flat from the end of 2011.

The Asia-focused bank has so far weathered the downturn relatively well compared with its rivals, having reported a ninth straight year of record earnings in 2011 on the back of buoyant growth in emerging markets.