Standard Chartered

Standard Chartered PLC
Company typePublic
ISINGB0004082847
IndustryFinancial services
Predecessor
Founded
  • As Chartered Bank of India, Australia, and China on 29 December 1853; 170 years ago (1853-12-29)
  • As Standard Chartered on 18 November 1969; 54 years ago (1969-11-18)
FounderJames Wilson with a royal charter (for the Chartered Bank line)
Headquarters1 Basinghall Avenue, London, England, UK
Area served
Worldwide
Key people
Products
RevenueIncreaseUS$ 18.019 billion (2023)[1]
Increase US$ 5.093 billion (2023)[1]
Increase US$ 3.462 billion (2023)[1]
Total assetsIncreaseUS$ 822.844 billion (2023)[1]
Total equityIncreaseUS$ 50.353 billion (2023)[1]
OwnerTemasek Holdings (17%)[2]
Number of employees
83,000 (2024)[3]
Websitesc.com

Standard Chartered PLC is a British multinational bank with operations in consumer, corporate and investment banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East.

Standard Chartered has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has secondary listings on the Hong Kong Stock Exchange, the National Stock Exchange of India, and OTC Markets Group Pink. Its largest shareholder is the Government of Singapore-owned Temasek Holdings.[4][5][6] The Financial Stability Board considers it a systemically important bank.

José Viñals is the group chairman of Standard Chartered.[7] Bill Winters is the current group chief executive.[8]

  1. ^ a b c d e "Annual Results 2023" (PDF). Retrieved 16 February 2023.
  2. ^ "Financial Services". Temasek Corporate Website English. Retrieved 6 September 2022.
  3. ^ "About us". Standard Chartered. Retrieved 12 February 2024.
  4. ^ Lin, Liza (25 November 2008). "Temasek Raises Bet on Financial Stocks With StanChart". Bloomberg L.P. Retrieved 19 April 2011.
  5. ^ "The Tan Sri Khoo Teck Puat Estate Agrees to Sell Shares in Standard Chartered to Temasek". prnewswire. 27 March 2006. Retrieved 8 January 2012.
  6. ^ "Standard Chartered stake sold". BBC. 28 March 2006. Retrieved 8 January 2012.
  7. ^ "We've appointed a new Chairman, Jose Vinals, to succeed Sir John Peace - Standard Chartered Bank". www.sc.com. Retrieved 11 August 2016.
  8. ^ Kollewe, Julia (26 February 2015). "Bill Winters: banker not afraid to bare his chest takes reins at Standard Chartered". The Guardian. Retrieved 26 February 2015.