(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.
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681.4 GBX | -0.21% | +2.19% | 21.73B | ||
1.249 USD | -0.12% | +0.47% | - | ||
1.069 USD | -0.32% | +0.46% | - | ||
0.731 USD | 0.00% | +0.56% | - | ||
0.6532 USD | 0.00% | +1.81% | - | ||
0.5938 USD | 0.00% | +0.88% | - | ||
0.012 USD | 0.00% | 0.00% | - | ||
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1st Jan change | Capi. | |
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+2.22% | 21.73B | |
+13.75% | 556B | |
+12.36% | 298B | |
+8.64% | 247B | |
+21.72% | 210B | |
+16.11% | 170B | |
+6.88% | 162B | |
+4.42% | 153B | |
-11.67% | 138B | |
+0.10% | 139B |
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