Standard Chartered ( (GB:STAN) ) just unveiled an update.
Standard Chartered PLC has announced a re-presentation of its financial information to improve decision-making and resource allocation. This includes changes in the allocation of central items, simplification of product income hierarchy, and adjustments in geographic reporting. These changes aim to provide a more accurate view of returns by business segments and align reporting with industry standards, without affecting the group’s reported financial performance or guidance.
More about Standard Chartered
Standard Chartered PLC is a multinational banking and financial services company, operating primarily in Asia, Africa, and the Middle East. It offers a wide range of financial products and services, including personal and corporate banking, wealth management, and investment services, with a focus on emerging markets.
YTD Price Performance: 22.28%
Average Trading Volume: 6,487
Technical Sentiment Signal: Sell
Current Market Cap: $34.89B
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