Standard Chartered (STAN.L) stock slips as buyback and 2025 targets come into focus
Standard Chartered shares fell 1.8% to 1,804 pence in London by mid-morning, after the bank reaffirmed 2025 income and profitability targets and disclosed new share buybacks. NatWest dropped 2.6% and HSBC slipped 0.6%. Investors weighed the buyback against macro uncertainty ahead of key U.S. labor data. The bank will report full-year results on Feb. 24.