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The Latest Breaking News from Bill Winters

Standard Chartered cashes in on rising wealth demand as it hikes boss’s pay

Income from the bank’s wealth division soared by nearly a quarter year on year and its global banking arm was up by 15%.

Evening Standard

FTSE 100 Live 24 February: AI disruption fears continue, banking stocks struggle

A mixed performance by the FTSE 100 index today reflected ongoing tariffs uncertainty and AI disruption fears.

Evening Standard

Stripe exec says she’s hiring new grads more than ever but she’s ‘sweating’ about the Gen Z talent pipeline—and warns the era of skills is at risk

Stripe’s head of data and AI is worried that Gen Z graduates won’t get jobs as the tech continues to take over skills—and warned of having no talent pipeline in 10 years.

Fortune

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Aviva stands by climate goals in face of US and UK net zero pushback

As insurer’s shares hit highest level since 2008, CEO says green issues are also important for many of its clients

The Guardian - UK

Bank CEO breaks from the pack on return to office. He goes in 4 days a week but leaves the rest up to the 'adults' he works with

Standard Chartered CEO Bill Winters told Bloomberg: “We work with adults, and the adults can have an adult conversation with other adults and decide how they’re going to best manage their team.”

Fortune

‘Shame on them’: Standard Chartered CEO decries banks that drop climate pledges

Bill Winters criticises those that have rowed back on green commitments or have gone quiet amid political pressure

The Guardian - UK

Ivy League MBA Was A 'Waste Of Time,' Says Veteran Banker, Lists Two Key Traits Far More Relevant In The AI Age

Standard Chartered chief executive Bill Winters says his Ivy League MBA was "a waste of time," and the real edge in today's AI-driven economy comes from the curiosity and empathy he developed as a humanities major.

Benzinga

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It’s not just Gen Z: This baby boomer bank CEO says his MBA was a waste—and the skills he learned have 'degraded, degraded, degraded' since college

Standard Chartered CEO Bill Winters tells Gen Z that communication, curiosity, and empathy are the new hot skills as AI takes over the grunt work.

Fortune

Standard Chartered ‘watchful’ of tariff impact as profits rise

The company said it has been boosted by strong trading in its wealth business, which saw income rise 28% year-on-year.

Evening Standard

Outgoing DBS CEO Piyush Gupta gets a 57% pay bump, reversing a massive cut in 2023

Gupta will take home $13.2 million following the bank's "stellar all-round performance as well as its improved technology resiliency.”

Fortune

City bonuses are back: supercars and Notting Hill flats on the shopping list for big spenders

Estate agents and supercar dealers seeing an upswing in enquiries from the winners in the bonus season

Evening Standard

Standard Chartered cashes in on wealth arm while boss’s pay surges

The UK-listed bank paid its chief executive £10.7 million last year, 46% more than he earned the previous year.

The Independent UK

Standard Chartered eyes sale of three African retail banking businesses

The London-listed lender is in the middle of a restructure, reining in its mass retail business and simplifying the group.

The Independent UK

Standard Chartered plays down fears of US-China trade war under Trump

Chief executive says tensions ‘not impacting’ business as bank reports pre-tax profits of $1.6bn for second quarter

The Guardian - UK

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Evening Standard

Standard Chartered beats UK banks thanks to Asian focus

STANDARD Chartered showed off the benefit of its focus on Asian markets today with a jump in trading income as clients took a more “risk on” approach to investing.

Fortune

Millionaire banking boss says ESG investing is good for business: ‘If that makes me woke, shoot me’

Rightwing populists, politicians and Elon Musk are mounting a backlash against businesses that look beyond profits—but Standard Chartered’s CEO Bill Winters doesn’t care.

The Guardian - UK

Standard Chartered chief’s pay jumps 22% to £7.8m after profit bump

Bank reports annual pre-tax profits rose by 19% to £4bn in 2023, pushing Bill Winters’ pay to eight-year high

The Guardian - UK

Deutsche Bank leads sell-off in European bank shares

FTSE 100 also falls amid fears another bank could slip into trouble after UBS takeover of Credit Suisse

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Evening Standard

$1bn buyback from Standard Chartered, but profits disappoint City

Standard Chartered, the Asian focussed City bank, that has often flattered to deceive disappointed City analysts today with lacklustre returns.

The Guardian - UK

The City’s five biggest banker bonuses since 2006

Big paydays for the financial sector could be here again as the chancellor considers abolishing the bonus cap

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