Company Overview of Standard Chartered Bank
Standard Chartered Bank, together with subsidiaries, provides a range of banking products and services to personal and business customers primarily in Asia, Africa, the Middle East, Europe, and the Americas. Its personal banking services include savings and accounts products, loans, mortgages, credit cards, insurance products, investments, and employee banking services. The company also provides transaction banking services, such as cash management, trade services, and securities services; financial markets products, including commodities, foreign exchange, capital markets, and structuring products; and corporate finance products comprising project and export, mergers and acquisitions, struc...
1 Basinghall Avenue
London, EC2V 5DD
Founded in 1853
44 20 7885 8888
44 20 7885 9999
Key Executives for Standard Chartered Bank
Chairman and Group Chief Executive Officer
Head of External Communications, Group Technology & Operations
Regional Chief Executive Officer for ASEAN and South Asia
Chief Executive Officer for Singapore Operations
Chief Executive Officer of Commercial & Private Banking
Compensation as of Fiscal Year 2016.
Standard Chartered Bank Key Developments
Standard Chartered Bank Issues Total of $3 Billion of International Bonds
Aug 18 16
Standard Chartered Bank issued a total of $3 billion of international bonds. The bank issued a pair of fixed-rate bonds valued at $1.25 billion and $1 billion maturing February 19, 2027, and August 19, 2019, respectively. The 2027 bond carries a coupon of 4.3% and was sold at an initial issue price of 99.416%. The 2019 bond carries a coupon of 2.1% and was sold at an initial issue price of 99.824%. The bank also placed $750 million of bonds maturing August 19, 2019, with a coupon of three-month U.S. dollar LIBOR plus 1.13%. The initial issue price was set at 100%.
Standard Chartered Bank Reports Audited Consolidated and Company Earnings Results for the Year Ended December 31, 2015
Apr 14 16
Standard Chartered Bank reported audited consolidated and company earnings results for the year ended December 31, 2015. For the year, on consolidated basis, the company reported net interest income was $9,506 million against $5 million a year ago. Operating income was $15,219 million against $18,202 million a year ago. Loss before taxation was $1,407 million against profit of $4,147 million a year ago. Loss attributable to parent company shareholders was $2,631 million against profit of $1,875 million a year ago. Net cash used in operating activities was $27,057 million against cash from operating activities of $52,541 million a year ago. Purchase of property, plant and equipment was $130 million against $189 million a year ago.
For the year, on company basis, the company reported net cash used in operating activities was $25,346 million against cash from operating activities of $44,183 million a year ago. Purchase of property, plant and equipment was $73 million against $82 million a year ago.
Standard Chartered Bank Opens Exellerator - the Bank's New Innovation Lab
Mar 23 16
Standard Chartered Bank announced the opening of the eXellerator - the Bank's innovation lab located in Singapore. The eXellerator builds upon Standard Chartered's established technology outpost in Silicon Valley, SC Studios, and is the first of such a dedicated and strategic space for the Bank in Asia. The eXellerator in Singapore will work closely with the business units within the Bank and explore the use of emerging technologies and data science for sustainable business solutions. The lab is located at the heart of Singapore's dynamic financial district in the Bank's main office building at Marina Bay Financial Centre.
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