Ethereum Treasury Companies Could Buy 10% of All ETH: Standard Chartered https://t.co/ERSzoETjDz https://t.co/fMEzAAvHx2 ...

Market Trend - Standard Chartered states Ethereum treasury firms are 'just getting started' [1] - Standard Chartered suggests potential for 10x holdings, reaching 10% of all ETH [1]

🔥 BIG: Standard Chartered sees $ETH hitting $4K by end-2025 if buying continues.Treasury firms now hold 1% of supply, outpacing $BTC. https://t.co/341wqUq8HU ...

Funding & Investment - Zodia Markets raised $18.25 million in funding [1] - The funding round will reduce Standard Chartered's stake in Zodia Markets [1] Company Focus - Standard Chartered's crypto subsidiary is Zodia Markets [1] - Zodia Markets is a digital asset trading platform [1]

Summary of Key Points from the Conference Call Industry Overview - The focus is on the banking sector, particularly in Europe and Japan, with a long-standing overweight position on banks globally [2][15]. Core Insights and Arguments 1. **Macro Environment**: - Rising populism is leading to fiscal imprudence, necessitating a fiscal tightening of approximately 3% of GDP in the US to stabilize government debt [3][18]. - Banks benefit from rising bond yields and a steepening yield curve, performing well when currencies like the Euro and Yen appreciate [3][31]. - Private sector loan growth is increasing, particularly in Europe, with corporate lending in France and Italy showing signs of recovery [3][42]. 2. **Valuation**: - Banks in Europe and the US are trading at about a 10% P/E discount to their historical norms, with European banks' cost of equity at 11.6% compared to 8.8% in the US [4][65]. - A significant EPS downgrade of 10-14% is being discounted, which would require a sharp slowdown in growth [4][71]. 3. **Structural Improvements**: - Banks are more resilient to recessions due to lower-risk lending practices and improved regulatory frameworks [5][86]. - Non-macro headwinds have diminished, with reduced litigation risks and improved risk controls [5][88]. - Increased consolidation in the banking sector is expected to benefit incumbents [5][92]. 4. **Tactical Considerations**: - The banking sector is not overly crowded, ranking 8th out of 29 sectors globally [6][103]. - Strong earnings revisions are noted, with banks ranking 2nd in Europe and 5th globally in terms of earnings growth [6][105]. 5. **Preferred Banks**: - Specific banks highlighted for investment include BAWAG, ING, Standard Chartered, Barclays, and others [9][11]. Additional Important Insights - The report emphasizes that banks are becoming akin to consumer staples, offering attractive yields and earnings growth amidst market disruptions [5][95]. - The potential for a weaker dollar is seen as beneficial for European and Japanese banks, while it poses challenges for US banks [38][39]. - The macro model used for banks indicates that further rises in the Euro and PMIs should lead to outperformance of European banks [115][116]. This summary encapsulates the key points discussed in the conference call, providing a comprehensive overview of the banking sector's current landscape and future outlook.

How HSBC and Standard Chartered have managed to cope with uncertainty on trade and interest rate trajectories will be on display in next week’s earnings https://t.co/VGD86bbz9Q ...

RT BSCN (@BSCNews)🔥IS WALL STREET FINALLY GOING ON-CHAIN?@OndoFinance brought @MEXC_Official and Standard Chartered-backed Zodia Custody into its tokenization alliance...The financial system may never be the same ⬇️https://t.co/GjRnJ9YQHg ...

RT BSCN (@BSCNews)🔥IS WALL STREET FINALLY GOING ON-CHAIN?@OndoFinance brought @MEXC_Official and Standard Chartered-backed Zodia Custody into its tokenization alliance...The financial system may never be the same ⬇️https://t.co/GjRnJ9YQHg ...

🔥IS WALL STREET FINALLY GOING ON-CHAIN?@OndoFinance brought @MEXC_Official and Standard Chartered-backed Zodia Custody into its tokenization alliance...The financial system may never be the same ⬇️https://t.co/GjRnJ9YQHg ...

July 23, 2025 11:33 AM GMT Investor Presentation | Asia Pacific M Foundation Asia Summer School: Hong Kong Financials As the rate cycle turns and capital markets recover, we look at the fundamentals for Hong Kong Banks and HKEx. Morgan Stanley Asia (Singapore) Pte.+ Nick Lord Equity Analyst Nick.Lord@morganstanley.com +65 6834-6746 Morgan Stanley Asia Limited+ Richard Xu, CFA Equity Analyst Richard.Xu@morganstanley.com +852 2848-6729 Chiyao Huang Equity Analyst Chiyao.Huang@morganstanley.com +852 3963-4624 ...