Standard Chartered share price slips despite fresh buyback as traders eye Fed week, FY results
Standard Chartered shares fell 1.4% to 18.29 pounds Friday, despite the bank buying back 541,525 shares on Jan. 22. The FTSE 350 banks index dropped 0.96%, with HSBC, NatWest, and Lloyds also lower. Investors await the Fed’s Jan. 27-28 meeting and StanChart’s Feb. 24 earnings.