Latest news with #BillWinters
Bloomberg
3 days ago
- Business
- Bloomberg
StanChart CEO Winters Says Private Credit to Keep Its Edge Over Banks
Private credit firms enjoy a significant capital advantage over traditional banks, according to Bill Winters, chief executive officer of Standard Chartered. "I don't think that's going to change anytime soon. The result of which is banks are disadvantaged lenders," Winters said in an interview with Bloomberg's Francine Lacqua. He also discussed the UK regulatory climate and the impact of US tariffs on the financial industry. (Source: Bloomberg)
Bloomberg
3 days ago
- Business
- Bloomberg
Private Credit's Edge Over Banks Here to Stay, Bill Winters Says
Private credit firms enjoy a 'significant' capital advantage over traditional banks that's unlikely to disappear, according to Bill Winters, chief executive officer of Standard Chartered Plc. Speaking in a Bloomberg Television television interview aired Tuesday, Winters said banks had to deal with higher capital costs than private credit firms due to hikes in capital ratios enacted in the years following the global financial crisis of 2008.
Times
08-05-2025
- Business
- Times
Are Standard Chartered shares a good investment?
The Standard Chartered boss Bill Winters warned last month that 'no one wins in a trade war'. But some companies have more to lose than others — and the Asia-focused bank he runs is potentially one of them. This is because of the London-based lender's extensive exposure to China, the target of the most aggressive US tariffs unveiled by President Trump in April. The FTSE 100 bank counts Beijing-controlled Hong Kong, which is subject to the same US tariffs as mainland China, as its single biggest market, while China more broadly is a focus for the group. • Standard Chartered profits rise amid warning over bad loans Indeed, Standard Chartered sprawls across Asia, as well as Africa and the Middle East. Growth in these emerging
Yahoo
08-05-2025
- Business
- Yahoo
StanChart says its trade network is resilient to Trump tariff disruption
LONDON (Reuters) - Standard Chartered said on Thursday its trade-focused business was well positioned to cope with disruption from U.S. President Donald Trump's global tariffs. "Whilst an escalating trade war would impact global growth and our markets, we believe our network is a key, distinctive and strategic advantage for Standard Chartered," Chief Executive Bill Winters said in a statement released in conjunction with the bank's annual shareholder meeting in London. The bank's network is not overly reliant on any single bi-lateral trade relationship and only seven corridors generate network income greater than $100 million per annum, Winters said. (Reporting By Lawrence White; Editing by Bernadette Baum) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
08-05-2025
- Business
- Reuters
StanChart says its trade network is resilient to Trump tariff disruption
LONDON, May 8 (Reuters) - Standard Chartered (STAN.L), opens new tab said on Thursday its trade-focused business was well positioned to cope with disruption from U.S. President Donald Trump's global tariffs. "Whilst an escalating trade war would impact global growth and our markets, we believe our network is a key, distinctive and strategic advantage for Standard Chartered," Chief Executive Bill Winters said in a statement released in conjunction with the bank's annual shareholder meeting in London. The bank's network is not overly reliant on any single bi-lateral trade relationship and only seven corridors generate network income greater than $100 million per annum, Winters said.
