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The Latest Breaking News from Standard Chartered

Uniswap CEO Says Biden Miscalculating Crypto's Relevance In 2024 Election

The U.S. president's campaign team may want to change its campaign strategy heading into the November 2024 elections, Uniswap's Hayden Adams said, considering how Republicans have already apparently grasped the situation regarding the crypto community's relevance as a voting group.

International Business Times

Standard Chartered Analyst Believes Trump Government Will Be 'Actively Supportive' Of Bitcoin

Ex-President Donald Trump, who recently signaled he won't oppose the growing crypto sector, may be a boon to Bitcoin and the broader digital assets' industry, a Standard Chartered analyst said.

International Business Times

Standard Chartered beats UK banks thanks to Asian focus

STANDARD Chartered showed off the benefit of its focus on Asian markets today with a jump in trading income as clients took a more “risk on” approach to investing.

Evening Standard

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FTSE 100 Live 2 May: Shell beats forecasts amid fossil fuel rebound, Standard Chartered surges

Forecast-beating results by Shell and Standard Chartered today boosted their shares during another robust session for the FTSE 100 index.

Evening Standard

Standard Chartered Q1 Profit Up 5.5%, Exceeds Expectations

Standard Chartered reports a 5.5% profit increase in Q1, driven by revenue growth and cost management. The bank showcases resilience and strategic focus in...

Top News

SEC Expected To Reject Spot ETH ETFs After Discouraging Meetings With Applicants

The SEC is expected to reject spot Ether ETF applications next month, following recent meetings wherein the regulator's staff reportedly did not proactively engage with applicants.

International Business Times

Standard Chartered Doubts SEC Approval For Spot Ethereum ETFs In May

Like a growing number of financial experts, Standard Chartered is also losing hope the SEC will give a green light to spot Ethereum ETFs next month.

International Business Times

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Standard Chartered Appoints New Regional Heads In Investment Banking

Standard Chartered strengthens its investment banking division with new regional heads to drive growth and enhance operations.

Top News

Bernstein Ups Year-End Bitcoin Price Projection To $90K, Sees 'Mild' Halving Impact

Amid anticipation for Bitcoin's upcoming halving event, Bernstein analysts said they believe it won't have a significant effect on miners.

International Business Times

Standard Chartered Sees Bitcoin Hitting $150K By Year-End, Possibly $250K In 2025

Standard Chartered Bank believes Bitcoin can reach $150,000 at the end of 2024, given its recent bull run that allowed the cryptocurrency to hit its all-time high of $73,000 earlier this month.

International Business Times

Standard Chartered's Head Of Investment Banking Cooper To Depart

Learn about the departure of Standard Chartered's head of investment banking and its implications for the bank's future strategies and leadership in the fi...

Top News

Standard Chartered Faces Complaint Over Coal Plant Funding

Standard Chartered faces backlash for funding a coal plant in the Philippines, raising concerns about environmental impact and sustainability practices.

Top News

Millionaire banking boss says ESG investing is good for business: ‘If that makes me woke, shoot me’

Rightwing populists, politicians and Elon Musk are mounting a backlash against businesses that look beyond profits—but Standard Chartered’s CEO Bill Winters doesn’t care.

Fortune

Bank CEOs enjoy 6% to 22% pay hikes while several branches close down across America

This news comes alongside reports of the Bank of America, Wells Fargo and Citibank persisting in the closure of branches across the United States.

International Business Times UK

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The Guardian - UK

Standard Chartered chief’s pay jumps 22% to £7.8m after profit bump

Bank reports annual pre-tax profits rose by 19% to £4bn in 2023, pushing Bill Winters’ pay to eight-year high

The Guardian - UK

Uber posts first full-year operating profit as a listed company – business live

2023 was an “inflection point for Uber”, says CEO Dara Khosrowshahi

The Hindu

Japan’s third largest financial services group establishes its global business centre in Chennai

Mizuho Financial Group establishes Global Business Centre in Chennai, focusing on IT/ITeS, AI, cybersecurity, and banking operations.

International Business Times

BTC ETF Approval Odds Remain At 90%; Standard Chartered's Bullish Prediction Puts Bitcoin At $100K

Bloomberg Intelligence ETF analysts predict that there is a 90% likelihood that the U.S. Securities and Exchange Commission will approve the much-awaited spot Bitcoin ETF applications by Jan. 10.

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StockNews.com

Secure These 3 Energy Stocks Amid Conflict

Amid the ongoing volatility in the Middle East, the oil market is delicately balanced and on the brink of significant price surges. Given this backdrop, quality energy stocks Marathon Petroleum Corporation (MPC), Valero Energy Corporation (VLO), and Cheniere Energy (LNG) could be solid portfolio additions now. Read on….

The Guardian - UK

Higher interest rates help HSBC to more than double profits

Bank criticised by MPs for being too slow to reward savers as it announces 15% rise in net interest income and $3bn share buyback

Fortune

Standard Chartered says Ether could reach $8,000 by 2026 as blockchain upgrades continue

The second-largest cryptocurrency by market cap is trading near a six-month low.

The Independent UK

Reports show new Indonesian industrial park on Borneo, feted as 'green,'' will be powered by coal

An industrial park being built in Indonesia on the tropical island of Borneo that has attracted billions of dollars in foreign and domestic investment is damaging the environment in an area where endangered species live and migrate

Fortune

Standard Chartered fights for top banking talent with 20 weeks of paid leave for new dads

The bank is expanding its parental leave policy to employees at all its global offices.

Fortune

The case for $120,000 Bitcoin—why one U.K. bank predicts a 300% rise

Standard Chartered also said Bitcoin is going to $50,000 this year—and its explanation makes a lot of sense.

The Times of India

Bitcoin is set to quadruple to $120,000 by end of 2024, Standard Chartered says

Standard Chartered is ramping up its bullish Bitcoin prediction, targeting as much as $120,000 by the end of 2024 — almost quadruple the current price — as increasingly cash-rich miners reduce sales of the token.

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