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Standard Chartered Announces $1 Billion Share Buyback Amid Strong Capital Position
Standard Chartered has announced a $1 billion share buyback program, with CEO Bill Winters affirming the bank's strong capital position. The move comes as the bank also embraces artificial intelligence in its operations.
29 Jul, 04:30 — 29 Jul, 06:22
The Story
Analyzing sources…
Source Diversity
Source Diversity
Low (24/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 1/5 buckets covered0/33
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Left
Center2
Center (2)
bloombergFT
Right
Far R
Geographic diversity— 2 regions9/34
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ℹOnly 2 sources cover this story
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bloombergHigh1h ago
StanChart Has Strong Capital Position, CEO Winters Says
Standard Chartered Chief Executive Officer Bill Winters says the bank is happy with earnings as results beat expectations. "We feel very, very good about the momentum that we've got," he tells Bloomberg's Lizzy Burden. Winters speaks on Bloomberg Television after the London-based lender unveiled a fresh $1 billion share buyback, adding that Standard Chartered has a "strong capital position." (Source: Bloomberg)
Read full article →FTVery High3h ago
Standard Chartered launches $1bn share buyback as bank embraces AI
Asia-focused UK lender has embarked on cost-cutting plan that includes reducing back-office jobs
Read full article →Coverage Timeline
First report: FT · 29 Jul, 04:30|Full coverage: 2 · 2h|Window: 2h
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