Standard Chartered Share News (STAN)

LONDON MARKET CLOSE: Tech shines but tepid trade elsewhere

(Alliance News) - European equities closed lower on Wednesday, with lingering banking sector worries hurting sentiment, while tech stocks outperformed wider markets in New York after well-received earnings overnight.

UK shareholder meetings calendar - next 7 days

TOP NEWS: Standard Chartered ups outlook; plots USD5 billion returns

(Alliance News) - Standard Chartered PLC on Wednesday hailed its resilience in an uncertain backdrop, upping annual guidance on strong quarterly results, which were bolstered by rising interest rates.

StanChart Q1 profits surge on higher interest rates

(Sharecast News) - Standard Chartered posted better-than-expected profits driven by higher interest rates and forecast annual earnings at the top end of guidance.

UK earnings, trading statements calendar - next 7 days

Japan's SMFG is first global bank to sell AT1 bonds since C.Suisse wipeout

TOKYO, April 19 (Reuters) - Japan's Sumitomo Mitsui Financial Group (SMFG) sold $1 billion of additional tier-1 (AT1) debt on Wednesday, becoming the first major global bank to sell the risky securities since similar bonds issued by Credit Suisse were wiped out last month.

LONDON BROKER RATINGS: UBS raises Antofagasta, Fresnillo to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday afternoon:

Sector movers: Banks pace gains

(Sharecast News) - Bank shares paced gains at the end of the week amid a raft of well-received sector earnings on the other side of the Atlantic and due to the possibility of further rate hikes in both the US and UK.

European banks surge on strong Q1 results from U.S. peers

LONDON, April 14 (Reuters) - European banks surged on Friday, rising to a one-month high, gaining support from U.S. lenders, which reported better-than-expected results in the first quarter.

Jefferies hikes StanChart price target, says pullback 'seems harsh'

(Sharecast News) - Standard Chartered rallied on Friday after Jefferies lifted its price target on the 'buy' rated stock to 1,000p from 950p, as it said the share price pullback since March "seems harsh in context of favourable operating trends".

LONDON BROKER RATINGS: Barclays raises CRH, Tesco price targets

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday afternoon:

Global finance CEOs make first post-COVID visits to China

HONG KONG/SHANGHAI, March 31 (Reuters) - A flurry of top financial executives have visited China for the first time since the COVID-19 pandemic as global financial giants seek to cement their relations with Beijing at the start of President Xi Jinping's new term.

LONDON BROKER RATINGS: UBS likes Beazley; Berenberg cuts Wood Group

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Saudi Arabia's Al Rajhi Bank to raise $1 bln with sukuk

DUBAI, March 29 (Reuters) - Saudi Arabia's Al Rajhi Bank is set to raise $1 billion with five-year sustainable Islamic bonds, a document from one of the banks arranging the deal showed on Wednesday.

Europe banks can lose 38% of deposits before having to sell assets at a loss-research

MILAN, March 29 (Reuters) - The average European bank could withstand a loss of 38% of its deposits without having to sell at a loss government bond holdings or have a fire sale of illiquid assets, Jefferies analysts said.