Tag: Standard
Standard Chartered to raise $5.3 billion in rights offer
HONG KONG/LONDON: Asia-centric bank Standard Chartered launched a $5.3 billion (3.4 billion pound) rights issue to bolster its finances for new capital rules and provide the firepower to take advantage of growth opportunities, it said.
The bank said it made record profits and income in the third quarter and for the first nine months of the year. Income in the third quarter rose faster than in the first-half and trading volumes were almost back to levels of before the financial
The bank said it made record profits and income in the third quarter and for the first nine months of the year. Income in the third quarter rose faster than in the first-half and trading volumes were almost back to levels of before the financial
