Standard Chartered CEO retracts remarks on ‘lower-value human capital’ regarding AI
Standard Chartered CEO Bill Winters has recently retracted statements he made during an investor event, where he mentioned plans to cut thousands of jobs as the bank shifts towards using technology, particularly artificial intelligence (AI), instead of “low-value human capital.” In an internal memo to employees, Winters aimed to clarify his earlier remarks that had […]
Standard Chartered announces $1.5 billion buyback shortly after finance chief departs
Standard Chartered has revealed a $1.5 billion share buyback plan, shortly after experiencing a decline in its stock price following the departure of its chief financial officer. The bank, which primarily operates in Asia, reported that its pre-tax profit rose by 2% to $814 million for the last quarter of 2025. However, this figure fell […]
Standard Chartered Lowers 2026 Bitcoin Prediction From $150K To $100K, Warning of More Challenges
Standard Chartered has once again lowered its Bitcoin forecast for 2026. “I think we’re going to see more pain,” stated Jeffrey Kendrick, the bank’s global head of digital asset research, in a note to investors on February 12. The bank has revised its Bitcoin year-end forecast down from $150,000 to $100,000. Similarly, Standard Chartered has […]
Standard Chartered predicts bitcoin will drop to $50,000 and ether to $1,400 before bouncing back.
Standard Chartered Lowers Crypto Price Forecasts Standard Chartered has revised its short-term and yearly price estimates for key cryptocurrencies. The adjustment comes as ETF outflows and a challenging macroeconomic environment continue to create uncertainty in the market. Currently, analysts expect Bitcoin, priced at around $65,998, to trend downward, potentially settling near $50,000 in the coming […]
Standard Chartered Lowers Short-Term Solana Prediction, Anticipates $2,000 by End of the Decade
Simply put Standard Chartered has reduced its Solana price target for 2026 from $310 to $250. However, the bank has increased its long-term outlook, anticipating that SOL may reach $2,000 by the end of 2030. With the rise of micropayments, Solana’s decentralized exchange (DEX) activity is shifting focus from meme coins to SOL and stablecoin […]
Analysts at Standard Chartered Forecast 330% Increase in XRP Price After Certain Event
Analysts Predict Major Price Surge for XRP Experts from Standard Chartered forecast a significant rise in the price of XRP, estimating a potential increase of about 330%. They’ve also identified several factors that might trigger this surge and lead to a new all-time high for Ripple-affiliated tokens. Projected Price Rise to $8 According to Jeff […]
Standard Chartered anticipates a 330% increase in XRP’s price.
XRP Price Prediction Soars Following Regulatory Developments Jeffrey Kendrick, who leads Digital Asset Research at Standard Chartered Bank, recently shared a notably optimistic price forecast for XRP. This bullish outlook comes in light of recent favorable events, including the SEC’s decision to drop its appeal against Ripple and the subsequent approval of a spot exchange-traded […]
Standard Chartered Says Bitcoin Selling Period is Finished, Anticipates Year-End Increase
Bitcoin’s Market Slump Appears to Have Ended Bitcoin’s recent downturn seems to be over, according to Standard Chartered’s Global Head of Digital Asset Research, Jeffrey Kendrick. He noted in a report on Tuesday that this decline resembles previous significant drops from the past few years, particularly those from March to September 2024 and from January […]
Bitcoin Set to Reach $100K Before ‘Uptober’ Returns, According to Standard Chartered
As the situation around US-China tariffs and trade evolves, investors are reacting, and Bitcoin prices are expected to dip below $100,000 before potentially reaching new highs. Jeff Kendrick from Standard Chartered suggests this could be inevitable, stating that while any downturn may be brief, crossing that threshold seems likely. Kendrick, the bank’s global head of […]
Standard Chartered faces the danger of getting involved in US political conflicts.
Standard Chartered Faces New Scrutiny Amid Political Tensions Bill Winters, celebrating a decade as CEO of Standard Chartered in June, reflected on the challenge of winning investor confidence that the issues at the FTSE 100 bank had been resolved. He admitted that the circumstances he encountered when he joined—a bank focused on emerging markets—proved to […]