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Evening Standard
Evening Standard
Business
Anna Wise

Standard Chartered launches fresh £750m share buyback after record profits

Standard Chartered Bill Winters
Standard Chartered has pledged to double investment in its fast-growing wealth management business as the bank raised its outlook after a forecast-beating third quarter (Alamy/PA) -

Standard Chartered is boosting returns to shareholders with one billion US dollars (£750 million) of share buybacks as it posted higher profits, months after unveiling plans to cut about 7,800 jobs at the bank.

The London-based banking giant said it had a “record” financial performance over the first half of 2026.

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