There are reasons to think that Standard and Chartered Bank (STAN) may be beginning to enjoy benefits from its white water rafting of the hot money flowing from two of the world’s largest economies; the US and Japan.
The arrival of the trading statement from Standard & Chartered Bank (STAN) for the close of the second quarter to 30th of June, served to add a little light and transparency to the Bank’s more opaque shareholder guidance on the first quarter’s results. To summarise, we were told that Q1 margins had been impacted by the ‘extraordinary monetary policies’ in the US and Japan effecting liquidity and margins with good volume business but at tighter margins and spreads
Standard Chartered Bank’s (STAN) Q1 statement has brought the thing that markets most particularly dislike; the fog of uncertainty.
