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Standard Chartered PLC

Posted on October 3, 2020October 3, 2020

Standard Chartered PLC is a British multinational banking and financial services company headquartered in London, England. It operates a network of more than 1,200 branches and outlets (including subsidiaries, associates and joint ventures) across more than 70 countries and employs around 87,000 people. It is a universal bank with operations in consumer, corporate and institutional banking, and treasury services. Despite its UK base, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa and the Middle East.

Standard Chartered has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £24.4 billion as of 4 April 2017, the 28th-largest of any company with a primary listing on the London Stock Exchange. It has secondary listings on the Hong Kong Stock Exchange and the National Stock Exchange of India. Its largest shareholder is the Government of Singapore-owned Temasek Holdings.

José Viñals is the Group Chairman of Standard Chartered. Bill Winters is the current Group Chief Executive.

Traded as:          

·         LSE: STAN

·         SEHK: 2888

·         NSE: STAN

·         OTC Pink: SCBFF

·         FTSE 100 Component

Industry:              Banking, Financial services

Predecessor: Standard Bank; Chartered Bank

Founded:           

As Chartered Bank of India, Australia, and China on 29 December 1853; 166 years ago

As Standard Chartered on 18 November 1969; 50 years ago

Founder:             James Wilson with a royal charter (for the Chartered Bank line)

Headquarters:   London, England, UK

Services:

·         Credit cards

·         Consumer banking

·         Corporate banking

·         Investment banking

·         Mortgage loans

·         Private banking

·         Wealth management

Owner: Temasek Holdings (15.77%)

Website:              www.sc.com

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