Standard Chartered Share Discussion Threads

[yaahoon 4 insurance] 15/8/2012 08:19

sub £14 soon

[wsgrocksit] 15/8/2012 08:15

I'd hate to have bought pre-market at £14.70 like a lot of NT's were!!!

[yaahoon 4 insurance] 15/8/2012 08:12

£13.48 @close

[wsgrocksit] 15/8/2012 08:12

Why the early sell off? I know the market is down but? Profit taking perhaps?

[miata] 15/8/2012 08:06

15/08/12 08:05 1440.0 1,061,824 UT 1438.0 1440.0

[miata] 15/8/2012 08:03

No great volume at £14.70. Just small buys at present.

[skinny] 15/8/2012 07:41

Currently up 6.51%

[kiwi2007] 15/8/2012 07:27

Considering what a high horse they clambered on to, Standard Chartered's leadership managed a very brisk dismount...............

...................StanChart is not entirely in the clear. Other US authorities are looking into the bank's activities and, more importantly, it remains to be seen how much its previously sterling reputation has been damaged – and how much that reputation was actually factored into the considerable premium the stock has traditionally received.

If nothing else, one hopes the settlement will put an end to the silly idea that New York's regulators are out to cut into London's lead as the global financial centre. Regulators are motivated by all sorts of things, from love of justice to ego and ambition. But to claim they care about banking league tables challenges the imagination.

[miata] 15/8/2012 07:22

Continuous rise in HK overnight. Up 6.6% at present, say £14.60.

[mike24] 15/8/2012 06:28

from 173 "one would imagine US financial institutions will be loathe to do
future business with stan"

how many countries will NOW be loathe to do future business with US f/institutions?

[hvs] 15/8/2012 06:05

Give the toffs a BONUS.

[snatander] 14/8/2012 23:07

£15+ tomoz imho

[snatander] 14/8/2012 23:04

see all the insiders bought today

[wazco] 14/8/2012 22:47

Lawsky said that the agency will "continue to work with our federal and state partners on this matter."

haha "continue" brilliant. I suspect he has just screwed them out of at least 100m. The bank will now surely argue that because they were in effect forced to pay a higher fine to the DFS that any subsequent fine with the other parties should be reduced.

[miata] 14/8/2012 20:52

Perhaps, but unlikely. Probably take a while and if Feds don't find anything else will probably let it lie.

[wsgrocksit] 14/8/2012 20:50

"The resolution still leaves the London-based bank the subject of investigations by the U.S. Treasury, the Federal Reserve Bank, the Justice Department and the Manhattan District Attorney. Lawsky said that the agency will "continue to work with our federal and state partners on this matter."


Ctrl Alt Europe 14 Aug'12 - 20:46 - 1395 of 1395

Do they still have to settle a separate action with the Feds? If so it's got to be at least on a par with the NYDFC fine.

Thoughts?

[ctrl alt europe] 14/8/2012 20:46

Do they still have to settle a separate action with the Feds? If so it's got to be at least on a par with the NYDFC fine.

Thoughts?

[miata] 14/8/2012 20:06

Peter Sands definitely was screwed.

[wsgrocksit] 14/8/2012 20:03

Damn why did I sell!! From £11 onwards I made great profits and some good money from shorting prior!! Still I guess a made a new few £k's but damn oh damn!! Peter Sands definitely has his head screwed on as the fine was only so large due to the power the b*stards have and what they know it is doing to Standard Chartered Reputation so I really much thing that the $14m figure of error based transactions isn't far of the mark if at all!!

[miata] 14/8/2012 19:54

Be grateful they didn't have time to award themselves some share options last week at below £11.