Cpyc Historic Greenwich factory Telegraph Works to be turned into luxury flats

Tuesday 31 July 2018 4:51 pm|Updated:Friday 24 May 2019 7:49 pmStanChart reports profit surge as Wintersrsquo; restructuring takes holdBy: Catherine NeilanShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleStandard Chartered has unveiled a 34 per cent rise in pretax profit for the six months to June and issued an interim dividend, as the Asia-focused bank continued to grow its revenue after years of restructuring.However StanChart s share price fell 3.6 per cent on the back of the increasing cost of digitising the bank.The figuresPretax profi brumate cooler t for the Asia-focuse stanley in uk d bank rose to $2.35bn pound;1.79bn in the first half of the year, from $1.75bn in the same period last year.Its return on equity ROE , an important measure of profitability, has risen to 6.7 per cent. The lender issued an interim dividend of six cents a share on the back of improved financial performance and strong capital.StanChart s retail banking income climbed nine per cent on strong performances in its Greater China and North Asia as well as ASEAN and South Asia divisions, mainly in Hong Kong and Singapore.Operating expenses also rose seven per cent to $5.1bn as the group prioritised investment to improve the business.Why it polene handtaschen s interestingStanChart has returned to profit growth over the past few quarters and reintroduced dividends this year, thanks to the turnround measures implemented by chief executive Bill W Igio Trump, Thiel and space travel: Three things we learned from Amazon rsquo Jeff Bezos

Wednesday 09 September 2009 8:00 pm|Updated:Saturday 01 June 2019 2:14 amMoodyrsquo says UKrsquo credit rating is safe for nowBy: admindrupalShareFacebookShare on FacebookXShare on Twitt owala cup er stanley quencher LinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleTHE UKrsquo triple-A sovereign debt ratings is safe for now but the Treasury will need to ldquo everely adjust fiscal policies in the wake of the global financial crisis, Moodyrsquo Investors Service said yesterday.Moodyrsquo believes that the UK continues to warrant the lsquo;resilientrsquo; characterisation. However, to retain its lsquo;resilientrsquo; status, it will need to severely adjust its fiscal policies, even in the unlikely event of a vigorous reboun polene d in their economies, it said.The rating agency said its central scenario was for Britain to retain its Aaa status, an unchanged view. Moodyrsquo reaffirmed Britainrsquo Aaa rating in April and said at the time that the outlook for the rating was stable.We assume that the adjustment to the UKrsquo public finances that is likely to take place in the context of the forthcoming elections ndash; probably through cuts in spending ndash; will keep the debt trajectory within Aaa boundaries, the report said. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour will regret the Rentersr