Standard Chartered operating profit rises 13% to $4.57 bn, income 26% to $13.97 bn in 2008

Standard Chartered operating profit rises 13% to $4.57 bn, income 26% to $13.97 bn in 2008
Wholesale Banking delivers another outstanding performance; Group customer deposits jump 31%
March 3, LONDON: Standard Chartered PLC today announced another exceptional performance for 2008 with income rising 26 per cent to US$13.97 billion and operating profit before tax (OPBT) 13 per […]

Standard Chartered completes acquisition of Cazenove Asia Limited

Standard Chartered completes acquisition of Cazenove Asia Limited
2 February 2009, London – Standard Chartered PLC, through its subsidiary Standard Chartered Bank (Hong Kong) Limited, has fully acquired Cazenove Asia Limited (”Cazenove Asia”), a leading Asian equity capital markets, corporate finance and institutional brokerage business, from JPMorgan Cazenove.
Cazenove Asia, a member of the Hong Kong Stock […]

Malaria Capital Campaign puts business to work

Malaria Capital Campaign puts business to work
$100 Million corporate effort to spur progress in the fight against malaria
Davos, SWITZERLAND – Leaders in the global business community announced today an unprecedented private-sector initiative to apply sophisticated business skills to help end a global health crisis. The Malaria Capital Campaign will raise $100 million from the business […]

Standard Chartered PLC announces Board changes

Standard Chartered PLC announces Board changes
Standard Chartered PLC (”Standard Chartered” or the “Group”) announces that Mervyn Davies has stepped down from the Board with immediate effect as a result of his appointment as Minister for Trade Promotion and Investment in the UK Government.
The Board has appointed its Deputy Chairman and Senior Independent Director, John […]

50% increase in mortgage customers making overpayments

50% increase in mortgage customers making overpayments
New figures released today by The Co-operative Bank Mortgages show that the number of mortgage customers making overpayments has increased by 50% in the last year alone.
Additional research, carried out on behalf of The Co-operative Bank Mortgages, also reveals people’s motivations behind making overpayments. The findings show that the […]

Rise In Young Driver Premiums Could Lead To Uninsurable Generation, Warns The Co-operative Insurance

Rise In Young Driver Premiums Could Lead To Uninsurable Generation, Warns The Co-operative Insurance
Over the past 12 months the average cost of motor insurance for young drivers has risen by four times the rate of inflation, according to research* by The Co-operative Insurance.
Industry figures** show that in 2008, young drivers suffered an 11.5 per […]

Spenders versus Savers

Spenders versus Savers
Brits planning to increase savings by 35%
Although by now many people have given up on their New Year resolutions, this year people are still looking at their finances more closely. New research by smile the internet bank from The Co-operative Bank, has revealed that over the last twelve months almost two thirds […]

The Co-operative Bank updates Ethical Policy and reveals how it has helped grow total lending

The Co-operative Bank updates Ethical Policy and reveals how it has helped grow total lending
The Co-operative Bank today (2nd February 2009) unveiled a radical new Ethical Policy. The value of business turned away since launching its ethical stance in 1992 has now passed the £1 billion mark; however, over the same period, the Bank’s total […]

The Co-operative Bank launches new tracker mortgage range

The Co-operative Bank launches new tracker mortgage range
The Co-operative Bank is launching a new tracker mortgage range on Friday 30th January. The range will include a three and five year tracker and full details are as follows:
3 Year Tracker Mortgage – Current Account Exclusive*
3 year tracker mortgage for current account holders of The […]

The Co-operative Bank and smile Top on Customer Satisfaction

The Co-operative Bank and smile Top on Customer Satisfaction
The first annual People’s Choice report from Which? Money has revealed that The Co-operative Bank and smile are among the top three overall winners when it comes to customer satisfaction .
A total of 15,000 Which? members took part in the survey; respondents were asked how satisfied […]