Tag: StanChart

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StanChart in talks to sell aviation finance unit to AviLease – Bloomberg News

AviLease, a jet lessor owned by Saudi Arabia's Public Investment Fund (PIF), is said to be in advanced talks to buy Standard Chartered's (STAN.L) aviation finance...

Standard Chartered replaces key emissions gauge for oil and gas loans

Standard Chartered Plc (STAN.L) said on Friday it has changed its target for curbing carbon emissions associated with its loans to oil and gas companies, ditching...

StanChart profit beats forecasts on boon from rising rates

Standard Chartered PLC (StanChart) on Wednesday said first-quarter profit jumped 21%, beating expectations, as rising interest rates buoyed income from its cash management and...

StanChart launches $1 billion buyback, lifts targets as rising rates buoy income

Standard Chartered (STAN.L) raised its performance goals, unveiled a new $1 billion share buyback and produced a 28% rise in annual profit as global interest rate...

StanChart eyes sale of $3.7 billion aircraft leasing unit

Standard Chartered (STAN.L) is considering a sale, among several options, of its aviation unit, which according to an industry publication owns a fleet worth around $3.7...

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Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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