Standard Chartered

We've announced our Q3’24 results. Read the performance highlights here (PDF): https://lnkd.in/eQAR2h9V #StanChartResults #HereForGood

How are we helping clients to capitalise on cross-border opportunities between Singapore and the UAE? Last week’s Investopia Global Singapore event, hosted by Standard Chartered in partnership with the UAE Ministry of Economy and chaired by H.E. Abdulla Bin Touq, explored the Middle East's emergence as a key destination for capital, its robust ecosystem for family offices and asset managers, and the region's strategic role as a gateway to Africa and the broader MENA region for Asian investors. The exclusive event, attended by 150 executives from large corporates, family offices, financial institutions, and the broader investment ecosystem, examined the opportunities for closer collaboration between the #UAE and #Singapore to foster innovation and support the growth of start-ups in both countries, leveraging the complementary strengths of these two inter-connected markets. Patrick Lee, our CEO, Singapore and ASEAN, said: “As Standard Chartered is the only international bank with a presence in all 10 ASEAN markets and with a history of over 65 years in the UAE, we’re well positioned to enable our clients to capitalise on cross-border opportunities and forge new partnerships that will benefit our economies, organisations and communities.” Rola Abu Manneh , our CEO, UAE, Middle East and Pakistan, said: “Our ability to seamlessly collaborate across geographies enables us to harness the unique strengths of each market, fostering innovation and creating partnerships that drive sustainable growth in an increasingly interconnected world.”

Don't miss out – only 48 hours left to join in on this special shirt swap! Bid on signed, limited-edition match-worn shirts from Liverpool Football Club's match against Chelsea FC (their 3,000th winning game!) and Liverpool Football Club Women’s clash with Manchester City Women FC. Your winning bids help disadvantaged young people around the world. Bid now: Charitystars.com/scfm #SCFuturemaking

What are your reflections on this year’s inspiring theme for UK Black History Month, ‘Reclaiming Narratives’? As the month draws to a close, discover the thoughts of our colleagues below 👇 This year’s theme has encouraged us to focus on resilience, and empowering stories. It’s an invitation to the Black community to take part in shaping how important stories that define their identity are told. We believe the theme is a great opportunity to reflect on the challenges and understand the lived experiences of the Black community. #BlackHistoryMonth #ReclaimingNarratives #DiversityAndInclusion

It’s time to reveal the winners and runners-up in this year’s Weather Photographer competition! 🎉 More than 1,600 amateur and professional photographers from 84 markets entered this year’s competition, submitting more than 4,500 entries across the three categories. 🏆 Wang Xin of China, has come first place in the main category with their image ‘Sprites Dancing in the Dark Night’, which features red sprites, a type of electrical discharge that occurs high in the atmosphere. 🏆 Nur Syaireen Natasya Binti Azaharin from Malaysia has come first in the smartphone category with her image ‘Volcanoes’, with a view of smoking volcanoes in East Java, Indonesia. 🏆 Angelina Widmann of Austria, has come first place in the youth category with her image ‘Rain Aria’, which was shot during an open-air performance of Madame Butterfly in Bregenz, Austria. The winner of the inaugural Climate Award is Gerson Turelly of Brazil, for the photograph ‘Rowing’. The image shows the centre of Porto Alegre, Brazil, during the devastating Rio Grande do Sul floods in spring this year. He has also won the public vote award. Marisa Drew, our Chief Sustainability Officer, said: “The winning images in this year’s competition tell a powerful story about our planet and the extraordinary force of extreme weather events. “This is particularly true of the winner of our inaugural Climate Award, Gerson Turelly, with an image of the devastating flooding in Porto Alegre, Brazil. As headline sponsors of the Weather Photographer competition, we hope to raise further awareness about the threat posed by rising temperatures and associated extreme weather events.” Learn more about the finalists and runners-up at https://lnkd.in/e_6gePKG #scwpy #sustainability

Today we’ve announced our Q3’24 results. We have delivered a strong performance this quarter, with income up 12% and profit before tax up 41%. Demonstrating confidence in our progress, we’ve also upgraded our 2024 guidance for income growth towards 10%. We are taking further actions to deliver sustainably higher returns by doubling investment in our fast-growing and high-returning wealth management business, while our mass retail business will be reshaped to develop a pipeline of future affluent and international banking clients. In our Corporate and Investment Banking business, we are sharpening our focus on larger global clients who rely on our unique cross-border capabilities. Looking ahead, we are also increasing our 2026 RoTE target to approaching 13%, with an updated shareholder distribution target of at least $8 billion by 2026. A snapshot of our performance is below, and you can read full details of today’s results here: https://lnkd.in/eniYnDuV #StanChartResults #HereForGood

As the Bank’s co-sponsor for Black and African talent, Interim Group CIO Alvaro Garrido is firmly committed to creating opportunities for our diverse workforce to thrive. Alvaro's vision for inclusion is driven by his global experiences and passion for equal opportunities. His current priorities include launching a sponsorship programme to help Black and African colleagues progress and fostering accountability from the top to drive change. Read more about his priorities as sponsor here: https://lnkd.in/dVQmpkNV #Diversity #Inclusion #Leadership

Whatever your ambitions, we’re with you every step of the way. Grow your wealth in the world’s most dynamic markets with our international wealth expertise. From here, possibilities are everywhere. Learn more: https://lnkd.in/edRyKb32. #HereForGood #PossibilitiesAreEverywhere

We’re announcing our Q3’24 results at 04:15 GMT 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 GMT. Register for the webcast here: https://lnkd.in/eQ35SS87 #StanChartResults #HereForGood

Our Head of Nature Finance, Oliver Withers, is in Cali this week, taking part in the 2024 United Nations Biodiversity Conference, COP16. This is the first Biodiversity COP since the adoption of the Global Biodiversity Framework, a historic agreement committing nations to halt and reverse nature loss by 2030. Standard Chartered has a critical role to play and is committed to helping deliver this ambition by managing our exposure to nature-related risk and leveraging innovative financing mechanisms, such as blended finance, to mobilise capital & close the gap on nature funding. Hear from Oliver about how we’re working to contribute to the Global Biodiversity Framework.