Standard Chartered PLC

02888: XHKG (HKG)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
HK$41.00SplwVpgcqvsc

Standard Chartered's Medium-Term Focus Is on Increasing Returns Toward Cost of Capital

Business Strategy and Outlook

Standard Chartered’s massive upheaval has delivered improved profitability, with the bank now looking to increase returns closer to its cost of capital. The turnaround has been difficult, but CEO Bill Winters' approach appears to be working. He has addressed issues with risk controls, culture, and cost base, and the group has begun to trim markets and products where it lacks the scale to be competitive.

Sponsor Center