StanChart CEO Winters keen to stay through 2024 at least
FILE PHOTO: Bill Winters, Group Chief Executive Officer of Standard Chartered Bank, smiles during the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 24, 2018. REUTERS/Denis Balibouse
LONDON (Reuters) - Standard Chartered Chief Executive Bill Winters is keen to stay at the bank at least until the delivery of its new goal to hit a double-digit return by 2024, he told Reuters on Thursday.
"We have put a refreshed set of guidance on the table today, I would love to deliver that guidance and deliver that package ... it's more than just sharpening up the financials, it's changing the way that we operate," he said.
Winters is by far the longest-serving CEO at a major British-based bank after the shock departure of Barclays CEO Jes Staley in November. Barclays, HSBC, Lloyds and NatWest have all had a change at the top in the past two years.
Winters' remarks came as the bank set out the new profitability goals and reported a doubling of its annual profit.
(Reporting By Lawrence White and Anshuman Daga; Editing by David Goodman)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Barclays Starts Centrus Energy Corp. (LEU) at Equalweight
- Keysight forecasts quarterly profit above estimates on strong data center-led demand
- US working on deconfliction mechanism among Turkey, Israel and Syria, US envoy says
Create E-mail Alert Related Categories
ReutersRelated Entities
Barclays, HSBCSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share