(MT Newswires) -- Bill Winters, CEO of Standard Chartered, discusses the need to combat inflation, particularly in the US where the labour market remains robust. On China, he notes a transition to a dynamic new economy, contrasting with a struggling property sector. Winters recognises the potential for growth in India, where Standard Chartered is investing heavily with the ambition of 7% growth. Winters also points to the Fed's monetary policy, anticipating rate cuts later in the year, and predicts that US Treasuries could stabilise at around 4%. On competition from fintechs, Winters remains confident, pointing out that 82% of transactions at Standard Chartered are executed without human intervention.
Real-time Estimate
Other stock markets
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5-day change | 1st Jan Change | ||
751.7 GBX | -0.57% | +10.27% | +12.72% |
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03:08pm | Wall Street rises thanks to good and bad economic news |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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751.7 GBX | -0.57% | +10.27% | 24.15B | ||
1.255 USD | +0.08% | +0.33% | - | ||
1.077 USD | +0.39% | +0.38% | - | ||
0.731 USD | -0.10% | -0.16% | - | ||
0.6615 USD | +0.68% | +1.36% | - | ||
0.6012 USD | +0.82% | +0.94% | - | ||
0.012 USD | +0.07% | 0.00% | - | ||
EPS Revisions
1st Jan change | Capi. | |
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+12.72% | 24.15B | |
+11.63% | 550B | |
+10.54% | 288B | |
+12.04% | 249B | |
+21.08% | 210B | |
+17.11% | 171B | |
+11.40% | 167B | |
-11.10% | 140B | |
+2.46% | 140B | |
+3.07% | 126B |
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