Today we’ve announced a strong set of 2024 half-year results. We generated double-digit income growth, delivered 14.0% RoTE and announced our largest ever share buyback of $1.5bn. Reflecting confidence in our performance, we’ve also upgraded our guidance for income growth to be above 7% in 2024. We continue to make encouraging progress on our key strategic actions, focusing on delivering sustainably higher returns and targeting 12% RoTE in 2026. Our Fit for Growth programme is progressing at pace, with benefits expected through 2025 and 2026. A snapshot of our 2024 performance highlights is below, and you can read full details of today’s results here: https://lnkd.in/gA_bjm-R. #StanChartResults #HereForGood
About us
We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good. If you’re interested joining Standard Chartered sign up to our Talent Network. Link: https://www.sc.com/careers/talentnetwork Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.
- Website
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https://www.sc.com
External link for Standard Chartered
- Industry
- Banking
- Company size
- 10,001 employees
- Headquarters
- London, England
- Type
- Public Company
- Specialties
- Personal Banking, Corporate Banking, Islamic Banking, Private Banking, Wealth Management, Commercial Banking, Banking, Financial Services, and Finance
Locations
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Primary
1 Basinghall Avenue
London, England EC2V 5DD, GB
Employees at Standard Chartered
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Dedo Liang
Executive Director - Transition Finance / Metals & Mining at Standard Chartered Bank
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KM Chew
Director, IT Governance & Risk | Program Management | IT Service Management
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Hugues Malphettes
Principal Software Engineer - Cloud Platforms at Standard Chartered Bank
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Neil Popli
Chief Revenue Officer (CRO) at letsbloom, Coach, Advisor, Girl Dad
Updates
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We've announced our 2024 half-year results. Read the performance highlights here (PDF): https://lnkd.in/eppcnnSu. #StanChartResults #HereForGood
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To make globalisation work more equitably for all, we need to build an inclusive and sustainable model of global trade. Hear from Michael Spiegel, Global Head of Transaction Banking, how supply chain finance platforms can benefit all businesses. Learn more: https://lnkd.in/gwUJPQzj. #ResettingGlobalisation #FutureofTrade
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We’re announcing our 2024 half-year results at 05:15 BST tomorrow. Follow #StanChartResults for updates, or join Bill Winters and Diego De Giorgi live as they discuss our strategy and financial performance at 08:00 BST. Register for the webcast here: https://lnkd.in/eg2Ay6ux. #HereForGood
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How do we generate the investment required to reach a low carbon economy? The latest film in our series on innovation in sustainability looks at blended finance – a way of mobilising private capital by leveraging public capital – to help tackle financing challenges in the transition to net zero. The private sector is a key enabler in helping the world get to a low carbon economy, and blended finance offers us the opportunity to accelerate that journey. “I’d like to get to the point where this becomes a regular way of doing business, to invite more participation in blended finance structures so the application can be greater in size and scope,” says Marisa Drew, our Chief Sustainability Officer. Expanding the use of blended finance is the focus of one of the four Innovation Hubs we’ve established to help support the development of new and evolving areas of sustainability. Watch the full film and the rest of the series at https://lnkd.in/eGXFafxz. #Sustainability #SustainableFinance #Innovation
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The rise of artificial intelligence will have a profound impact on digitisation. Find out from Roel Louwhoff, Chief Transformation, Technology & Operations Officer, how we can ensure the right incentives and safeguards are in place for emerging technologies. Learn more: https://lnkd.in/gwUJPQzj. #ResettingGlobalisation #AI
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Standard Chartered is thrilled to welcome Liverpool Football Club to the USA for their pre-season tour. ⚽ Join us in following all the excitement using #SCLFCtour. Let’s go! 🙌
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We’ve been named “Singapore’s Best Bank in Corporate Responsibility” by Euromoney, reflecting our commitment to driving commerce and prosperity though our unique diversity, as we play our part in creating a brighter future for all. This recognition is also a testament to our continuous efforts to foster diversity and inclusion, ethical practices as well as positive impact and engagement in our community. A shoutout to our colleagues, clients, and community partners - thank you for your unwavering trust and support! Let’s continue to uplift the communities we serve and be #HereForGood. Read more about the announcement in the comments. #EuromoneyAfE #CorporateResponsibility
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Launched in India in 2021, Solv uses technology to help micro, small, and medium enterprises (MSMEs) grow. 👏 Amit Bansal, the CEO of Solv, shares, “Without Solv, as a small business, my visibility of products is only as good as the local wholesaler or middlemen in my small city — my universe is finite. However, an MSME on Solv can reach thousands of factories." Solv’s business-to-business e-commerce platform connects MSMEs to suppliers for easy financing and purchasing of goods. It aims to improve product quality and assure delivery, helping factories and MSME partners build mutual trust, which is essential for growth. #Solv #SmallBusiness
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What does it mean to be an ally? We believe allyship is more than just support. It's about standing up, speaking out, and making a difference. Being an ally means listening, learning, and taking action to create a more inclusive world for everyone. We want to hear from you! How do you show support as an ally in your community or workplace? #HereForGood #Diversity