RT Bloomberg Live (@BloombergLive)At #BloombergGreen at #COP hear from @StanChart Global Head of Sustainability Strategy & Net Zero Dana Barksy.For details 🌲https://t.co/5iD7g2J8hu https://t.co/urDSg8ndwL ...

Core Insights - Standard Chartered reported strong financial results for Q3 2025, with earnings per share of $0.52, exceeding estimates of $0.45, and revenue of approximately $5.15 billion, surpassing the estimated $5.06 billion [1][5] - The bank's shares have reached their highest level in 12 years, driven by a 5% increase in operating income to $5.1 billion compared to the previous year [2] - Profit before tax was nearly $2 billion, a 10% increase that exceeded the average analyst forecast of $1.7 billion [3] Financial Performance - Operating income for Q3 was $5.1 billion, reflecting a 5% year-over-year increase [2] - Net interest income declined by 1% to $2.7 billion, but non-interest income rose by 12% to $2.4 billion, driven by a 27% increase in wealth management and a 23% increase in global banking [2] - Credit impairment charges totaled $195 million, and restructuring and other charges amounted to $219 million [3] Return on Equity and Valuation - Return on tangible equity improved to 13.4%, an increase of 260 basis points [3] - Management has upgraded its guidance for return on tangible equity (RoTE) to around 13% for 2025, with expectations for further growth [4] - The bank's price-to-earnings (P/E) ratio is approximately 12.77, and the price-to-sales ratio stands at about 2.24 [4]

Core Insights - Standard Chartered identifies decentralized finance (DeFi) as a significant alternative to traditional finance, projecting that non-stablecoin tokenized assets will grow to a market capitalization of $2 trillion by 2028, up from $35 billion today [1][2]. Market Projections - Tokenized money-market funds and listed equities are expected to each represent approximately $750 billion, with the remaining market share coming from funds, private equity, commodities, corporate debt, and real estate [2]. - The anticipated growth in stablecoins is expected to drive DeFi's transition from a niche sector to a mainstream financial entity, allowing non-banks to manage payments and savings traditionally held by banks [3]. Role of Stablecoins - Stablecoins, which are cryptocurrencies pegged to assets like the U.S. dollar or gold, are crucial in the cryptocurrency ecosystem, facilitating payment infrastructure and international money transfers [4]. - The liquidity provided by stablecoins is fostering growth in DeFi banking and is expected to lead to a surge in tokenized real-world assets (RWA) [4]. Self-Reinforcing Cycle - Standard Chartered posits that the current liquidity in the market is initiating a self-reinforcing cycle where increased liquidity leads to the creation of new products, which in turn attracts more liquidity [5].

Core Viewpoint - The recent rate cuts by the Hong Kong Monetary Authority (HKMA) and local banks are expected to positively impact the economy and property market in Hong Kong, although the pace of future cuts remains uncertain [1][6]. Group 1: Rate Cuts and Economic Impact - The HKMA cut the base rate by a quarter point to 4.25%, marking the lowest level since November 2022 [6]. - HSBC and Bank of China (Hong Kong) reduced their prime lending rates by 12.5 basis points to a historic low of 5%, while Standard Chartered's rate is now 5.25% [5][7]. - The adjustments in rates are a response to the US Federal Reserve's recent rate cut, reflecting local market conditions [2][3]. Group 2: Banking Sector Response - The prime rate cut is the second in six weeks, following a 12.5-basis-point reduction in September [3]. - Other banks in Hong Kong are expected to follow HSBC's lead in adjusting their rates [3]. - The new rates from HSBC will take effect on Friday, while Bank of China and Standard Chartered will implement changes on Monday [3]. Group 3: Mortgage and Lending Environment - As of the end of August, Hong Kong homebuyers had HK$1.89 trillion in outstanding mortgage loans, with an average mortgage size of HK$4.61 million for new loans [10]. - The rate cuts are seen as beneficial for small and medium-sized enterprises and mortgage borrowers, although further reductions in interbank rates would enhance this effect [17][19]. - The one-month Hong Kong interbank offered rate (Hibor) has increased to 3.4373%, impacting mortgage pricing [17].

Standard Chartered lifted its income outlook as it reported third-quarter profit that beat analyst estimates, aided by its wealth business https://t.co/OE2RbJRmxT ...

Core Insights - Oil prices are experiencing a three-day decline as investors evaluate the effects of Western sanctions on major Russian crude producers and mixed estimates of US inventory changes [1][4]. Group 1: Market Dynamics - Brent crude is trading above $64 per barrel, while West Texas Intermediate is near $60 [2]. - The market is assessing the long-term impact of additional sanctions, which will depend on the actual volume of barrels removed from supply [4]. - Oil is on track for a third consecutive monthly decline, influenced by expectations of a global surplus as OPEC+ plans to increase production [5]. Group 2: Geopolitical Factors - The US plans to enforce stringent new sanctions against Russia to pressure President Putin into negotiations regarding the Ukraine conflict [2]. - Indian state-owned refiners are evaluating their ability to continue purchasing discounted Russian oil under the new sanctions, with Indian Oil Corp. stating it will maintain purchases as long as it complies with international sanctions [3]. Group 3: Inventory Reports - A US industry report indicated a 4-million-barrel decrease in nationwide crude holdings, alongside reductions in gasoline and distillates [6]. - However, there was an increase in inventories at the key hub in Cushing, Oklahoma, with official figures expected to be released later [6].

The U.K. market is up firmly in positive territory on Wednesday, led by gains in mining and pharmaceutical sectors, thanks to a rebound in metal prices and stronger than expected earnings from drug major GSK.Meanwhile, investors are awaiting the Federal Reserve's interest rate decision due later in the day, and the upcoming meeting of U.S. President Donald Trump and Chinese President Xi Jinping, scheduled to take place tomorrow.The benchmark FTSE 100 9,757.45 was up 60.71 points or 0.63% at 9,757.45 nearly ...

alignment of purpose and profits is something that we saw so much in not only our disruptor 50 lists as we've seen more of our disruptor 50 companies um have an additional purpose in addition to profits but also on our changemakers list. There are so many women on the list who are focused on not just doing good and also doing well but aligning those two things and making sure in success they're either benefiting society or the environment etc. But wait go take me back to that moment. What was that moment in ...

In this episode of CNBC Changemakers and Power Players, CNBC's Julia Boorstin talks with Marisa Drew, the Chief Sustainability Officer at Standard Chartered. Drew explains how she built a career in sustainable finance, why she believes businesses can make money while helping the planet, and how challenging old ideas led her to drive change across global finance. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBC ...

Our President, @hfangca joins leaders from Circle, Northern Trust, Standard Chartered, and Franklin Templeton at @Money2020 in Las Vegas to discuss what's next for finance.TLDR:-> The future is fully onchain-> Interoperability is non-negotiable-> It's "customers first"That's why we partner with TradFi and crypto leaders to deliver the best of both worlds. ...