Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Standard Chartered PLC    STAN   GB0004082847

Delayed Quote. Delayed  - 07/22 05:35:18 pm
613.4 GBp   -0.42%
07/23 STANDARD CHARTE : is rolling out video banking starting with Asia
07/22 ONGC Videsh arm raises $1 bn
07/22 STANDARD CHARTE : introduces new Online User Interface, Mobile APP
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Standard Chartered Faces Holder Revolt As PIRC Balks At Pay-Newspaper

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/29/2012 | 04:41pm CEST

Investors in U.K.-based, Asia-focused bank Standard Chartered PLC (>> Standard Chartered PLC) are being urged by a major investment body to vote down a pay package for senior bankers collectively worth GBP56 million, amid concern that the bank hasn't been transparent enough with its shareholders about long-term bonus targets, the Sunday Telegraph reports.

Pensions Investment Research Consultants, or PIRC, has told investors to vote against the remuneration report for the bank at its forthcoming annual general meeting on May 9, the newspaper says, citing PIRC guidance.

The head of Standard Chartered's investment banking arm, Mike Rees, has received a package worth GBP8.2 million, the newspaper claims, comprised of a cash and shares bonus, performance awards and a salary. Rees's bonus -- which is nearly nine times his annual salary -- is highlighted in the PIRC report, the newspaper claims.

Neither PIRC nor Standard Chartered could immediately be reached for comment Sunday.

Reports of a potential revolt over pay at another bank come shortly after Barclays PLC (>> Barclays PLC) executives were reprimanded by investors at an annual meeting for spending too much money on pay and not enough on dividends. Over a quarter of investors in Barclays refused to back the bank's pay report.

Newspaper Web site: http://www.telegraph.co.uk

-London Bureau, Dow Jones Newswires; +44 (0)20 7842 9320

Stocks mentioned in the article : Standard Chartered PLC, Barclays PLC
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on STANDARD CHARTERED PLC
07/23 STANDARD CHARTERED : is rolling out video banking starting with Asia
07/22 ONGC Videsh arm raises $1 bn
07/22 STANDARD CHARTERED BANK GHANA : introduces new Online User Interface, Mobile APP
07/22 STANDARD CHARTERED : DBS and StanChart reiterate commitment to Singapore anti-mo..
07/22 STANDARD CHARTERED : Singapore seizes $177m as part of Malaysia corruption probe
07/21 STANDARD CHARTERED : DBS and StanChart reiterate commitment to Singapore anti-mo..
07/21 STANDARD CHARTERED : Singapore seizes $177m as part of Malaysia corruption probe
07/21 STANDARD CHARTERED : We're bringing video banking to Asia, Africa and the Middle..
07/21 Singapore says has seized S$240 million in assets in 1MDB-related probe
07/20 STANDARD CHARTERED : *ubs raises standard chartered price target to 510 (450) pe..
More news
Sector news : Banks - NEC
07/23DJFuel Glut Keeps Pressure on Refiners' Profit
07/23DJBanks' Profit Margins Fall -- WSJ
07/22DJFosun Group Insurance Unit Files for IPO in U.S.
07/22 Exclusive - De Beers puts Canadian Snap Lake diamond mine up for sale
07/22DJPayPal Shares Slide on Visa Deal
More sector news : Banks - NEC
News from SeekingAlpha
07/21 WALL STREET BREAKFAST : ECB Holds First Meeting Since Brexit
07/21 1MDB : Singapore uncovers lapses at DBS, UBS, StanChart
07/20 STANDARD CHARTERED : The Best Bank In The Worst Place
07/11 Latest at the Farnborough Airshow
06/29 U.K bank chiefs summoned to Threadneedle Street, told to keep lending
Advertisement
Financials ($)
Sales 2016 13 865 M
EBIT 2016 3 779 M
Net income 2016 -570 M
Debt 2016 -
Yield 2016 0,05%
P/E ratio 2016 -
P/E ratio 2017 17,85
Capi. / Sales 2016 1,92x
Capi. / Sales 2017 1,84x
Capitalization 26 647 M
More Financials
Chart STANDARD CHARTERED PLC
Duration : Period :
Standard Chartered PLC Technical Analysis Chart | STAN | GB0004082847 | 4-Traders
Full-screen chart
Technical analysis trends STANDARD CHARTERE...
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Average target price 7,98 $
Spread / Average Target -0,70%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
William Thomas Winters Group Chief Executive Officer & Director
John Wilfred Peace Non-Executive Chairman
Doris Honold Group Chief Operating Officer
Andrew Nigel Halford Group Chief Financial Officer & Executive Director
Michael Gorriz Group Chief Information Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
STANDARD CHARTERED PLC8.82%26 647
WELLS FARGO & CO-11.11%245 323
JPMORGAN CHASE & CO.-3.01%234 172
INDUSTRIAL AND COML BA..-6.55%221 575
CHINA CONSTRUCTION BAN..-13.15%175 483
BANK OF AMERICA CORP-14.56%147 710
More Results