(MT Newswires) -- Bill Winters, CEO of Standard Chartered, discusses the need to combat inflation, particularly in the US where the labour market remains robust. On China, he notes a transition to a dynamic new economy, contrasting with a struggling property sector. Winters recognises the potential for growth in India, where Standard Chartered is investing heavily with the ambition of 7% growth. Winters also points to the Fed's monetary policy, anticipating rate cuts later in the year, and predicts that US Treasuries could stabilise at around 4%. On competition from fintechs, Winters remains confident, pointing out that 82% of transactions at Standard Chartered are executed without human intervention.
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
784.2 GBX | +0.33% | +1.01% | +17.58% |
01:47pm | Deutsche Bank Raises Standard Chartered PT, Affirms Hold Rating | MT |
10:48am | Deutsche likes Trainline and Baltic Classifieds | AN |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
784.2 GBX | +0.33% | +1.01% | 25.26B | ||
1.27 USD | -0.04% | +1.37% | - | ||
1.086 USD | -0.09% | +0.81% | - | ||
0.7335 USD | -0.17% | +0.34% | - | ||
0.667 USD | -0.44% | +0.98% | - | ||
0.6099 USD | -0.58% | +1.38% | - | ||
0.012 USD | +0.01% | 0.00% | - | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+17.58% | 25.26B | |
+20.43% | 588B | |
+16.75% | 307B | |
+23.82% | 257B | |
+24.18% | 213B | |
+26.88% | 190B | |
+31.54% | 172B | |
+9.63% | 164B | |
+8.46% | 151B | |
+8.92% | 135B |
- Stock Market
- Equities
- STAN Stock
- News Standard Chartered PLC
- Bill Winters, CEO of Standard Chartered: 82% of transactions are executed without human intervention