The third-quarter results were in line with expectations. Comments regarding the impact of the Hong Kong protests are reassuring. The abandonment of mid-term financial objectives should not come as a surprise to the consensus which already stood below management’s guidance. The increase in capital requirements is likely to be offset through further mitigations.
30 Oct 2019
On track but future more challenging
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
On track but future more challenging
Standard Chartered PLC (STAN:LON) | 681 62.7 1.4% | Mkt Cap: 17,686m
- Published:
30 Oct 2019 -
Author:
David Grinsztajn -
Pages:
2
The third-quarter results were in line with expectations. Comments regarding the impact of the Hong Kong protests are reassuring. The abandonment of mid-term financial objectives should not come as a surprise to the consensus which already stood below management’s guidance. The increase in capital requirements is likely to be offset through further mitigations.