Standard Chartered Share Discussion Threads

[ny boy] 07/8/2012 13:29

Yes Team GB lol!

STAN is way over sold imho, any slight bit of clarification showing an over zealous US regulator jnr and these could easily recover several pounds.

[miata] 07/8/2012 13:28

Richard Meddings (of expletives fame) attended Wolverhampton Grammar School.

[hvs] 07/8/2012 13:20

The British do it best.

BP
Barclays and now
Standard Chartered

All true BLUE CHIPS , Eton, Harrow and OXBRIDGE.

[leedskier] 07/8/2012 13:18

Some support for the bulls over the banking license here ... in the New York Times

Along with the financial penalties, Standard Chartered may also have its New York banking license revoked because of the activities. Analysts say that prospect remains unlikely, as United States authorities have focused their attention on monetary fines for the British bank.

[sanks] 07/8/2012 13:18

Monty is busy at the farm...he's down by the oak tree.....

... .....................

[markth] 07/8/2012 13:18

Just read the "rap sheet" produced by the NY DFS. The language used in the document is florid. It's 27 pages long, and alleges that HSBC committed a large number of sins. Those are summed up into seven "Violations of Law". The document ends with "IT IS HEREBY FURTHER ORDERED that, any assessment of monetary penalties shall await a formal hearing to be scheduled upon further notice by the Superintendent".

Like I said earlier, a nasty little shakedown.

[hvs] 07/8/2012 13:17

Will shareholders sue the company for doing illegal deals and dealing with
DISGUSTING regimes ?

Was it all down to GREED and BONUSES ?

[ny boy] 07/8/2012 13:16

Where's Montyhedge he usually starts calling short, after the horse has bolted lol!

[sanks] 07/8/2012 13:13

I was wondering if it is worth nobbin at £5.77
Let me know
Sanksalot

[hvs] 07/8/2012 13:12

Only the Americans can CLEAN the DIRTY OLD BOYS city culture.

Go for it.

[extrader] 07/8/2012 13:10

Hi Ian D,

Me too @ sub GBP 11, if we get there.
ATB

[miata] 07/8/2012 13:10

weap·on   [wep-uhn] noun - anything used against an opponent, adversary, or victim

[wsgrocksit] 07/8/2012 13:09

Make you don't have a tight stop-loss, or even a stop-loss at all if you believe you can do that!!!


wipo1 7 Aug'12 - 13:07 - 1178 of 1178

Will close my short at 770p

[ian davenport] 07/8/2012 13:09

Extrader - yes, i wasn't questioning your idea, just wondering if the numbers really could be that bad
And its diverting attention from my Olympic watching
i remember when the BP spill happened all sorts of rubbish was posted up by bears/shorts/wannabe shorts - but as someone else has said, being the August silly season has just encouraged the move to be more violent - added some, more at sub £11 if the Yanks get us there

[hvs] 07/8/2012 13:08

Only the Americans can do anything about the ROT in THE CITY.

The cowboys have moved into the CITY.

[ny boy] 07/8/2012 13:08

At least they haven't lost billions, like some of the others! I can't believe US regulators didn't know what's been going on, sounds like someone missed out on some commission along the way.

New war between US -UK & Iran without weapons!

[wipo1] 07/8/2012 13:07

Will close my short at 770p

[extrader] 07/8/2012 13:05

Hi Ian D,

I was questioning buywell2's 'guesstimate' that StanChart's earnings from Iran were " USD 3 BN p.a."...., more like a MAX of USD 500M - and more likely USD 50-100M p.a. WHEN THEY WERE ACTIVE, 5 or more years ago.

StanChart took over the trade related business from one of the banks I used to work for, so I'm pretty comfortable re the purely financial side of things, the political dimension is another kettle of fish !

Interesting times.

[miata] 07/8/2012 13:05

All the large trades in the past hour appear to have been buys:
07/08/12 12:21 1125.0 98,962 AT 1124.5 1125.0 Buy
07/08/12 12:25 1106.5 86,143 AT 1106.0 1106.5 Buy
07/08/12 12:25 1106.5 100,000 AT 1106.0 1106.5 Buy
07/08/12 12:28 1133.0 58,758 AT 1132.5 1133.0 Buy

[ny boy] 07/8/2012 13:05

Can't have been a senior US regulator, as they will all be up in The Hamptons, probably some junior upstart looking for glory whilst the boss is away lol!

[markth] 07/8/2012 13:02

These poxy little US City and State regulatory organisations are just there to shake down big overseas companies with "fines" so as to fill up local government's empty coffers and help the unelectable politicians who created them curry some favour with an illiterate electorate who hate foreigners and banks especially.

[ny boy] 07/8/2012 12:57

1600p yesterday 30% off, way too much, thin summer vols is the only reason. Top 4 pension fund holder stands by STAN. All a bit silly really as it is the summer silly season!

[skinny] 07/8/2012 12:56

Still not bad for the 21st century, compared to the FTSE & AIM (to take 2 extremes).