#1
23rd March 2016, 09:15 AM
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Equity derivatives standard chartered
Hi buddy I heard that Standard Chartered Plc is closing its equity derivatives, is true , plz tell me about the same m, if you know?
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#2
23rd March 2016, 09:18 AM
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Re: Equity derivatives standard chartered
Yes Standard Chartered Plc has closing its equity derivatives and convertible bonds operations as Chief Executive Officer Bill Winters sheds businesses that have been a drag on the lender’s performance. Standard Chartered Plc will phase out the businesses after in January exiting from institutional cash equities, equity research and equity capital markets, it said in an e-mailed statement on Monday. Minimum 10 jobs will go, according to a person with knowledge of the matter who asked not to be identified because the details are private Standard Chartered PLC is a British multinational banking and financial services company headquartered in London Type Public limited company Traded as LSE: STAN SEHK: 2888 NSE: STAN OTC Pink: SCBFF Industry Banking, Financial services Predecessor Standard Bank Chartered Bank Founded 1969 (London) Headquarters London, United Kingdom Area served Worldwide Key people Sir John Peace (Chairman) Bill Winters (Group Chief Executive) Services Credit cards Consumer banking Corporate banking Investment banking Mortgage loans Private banking Wealth management Revenue US$ 16.984 billion (2014) Operating income US$ 18.334 billion (2014) Net income US$ 2.705 billion (2014) Total assets US$ 725.9 billion (2015) |