HUSTANC@EC2609A

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Bank's client foreign exchange settlement surplus hit a new high in December last year

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The UK's FTSE 100 index fell 0.2%, impacted by Standard Chartered's CFO departure and BP's suspension of its share buyback program, which caused a 4% drop in BP's shares. Meanwhile, AstraZeneca rose 0.3% on positive cancer drug forecasts. Investors are awaiting U.S. jobs and inflation data for insights on Federal Reserve rate decisions. The FTSE 250 index saw a slight increase of 0.1%.

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London’s FTSE 100 dips as Standard Chartered, BP weigh

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The unexpected departure of Standard Chartered's CFO has surprised investors and analysts, raising concerns about the bank's future operations and strategy. The news has prompted discussions in financial circles regarding the implications of this leadership change on the bank's internal dynamics and financial management. Market observers are closely watching how Standard Chartered will respond to this situation.

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Standard Chartered CFO Departure Surprises Investors and Analysts

Standard Chartered plc has appointed Peter Burrill as the interim Group Chief Financial Officer, succeeding Diego De Giorgi, who has left the company effective immediately. A decision regarding the permanent appointment for the position is still pending.

Standard Chartered ernennt Peter Burrill zum interimistischen Finanzchef

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Standard Chartered plc has submitted an updated director list to the Hong Kong Stock Exchange, effective February 10, 2026. The board is led by Non-executive Chair Maria da Conceicao das Neves Calha Ramos and Group Chief Executive William Thomas Winters, CBE. Key independent directors include Shirish Moreshwar Apte, Jacqueline Hunt, and others. The board oversees five committees, each chaired by different members, focusing on audit, risk, culture, remuneration, and governance.

HKEX

Standard Chartered Files Director List with HKEX

Standard Chartered plc has corrected a typographical error in its announcement regarding the appointment of Peter Burrill as interim Group Chief Financial Officer. The correction clarifies that the statement should read "Pete has extensive sectoral experience" instead of "Pete experience." The Chinese version of the announcement remains unchanged, and all other information is consistent with the original announcement.

Standard Chartered Corrects Typo in CFO Appointment Announcement

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Standard Chartered's CFO Diego De Giorgi has left the bank to lead Apollo's EMEA business. His departure follows a two-year tenure at StanChart, where he was seen as a potential successor to CEO Bill Winters. Peter Burrill has been appointed interim CFO. De Giorgi will oversee Apollo's expansion in credit, equity, and wealth solutions in the EMEA region, succeeding Rob Seminara, who will take on new global responsibilities later this year.

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StanChart's CFO De Giorgi departs to lead Apollo's EMEA business

Diego De Giorgi, Chief Financial Officer of Standard Chartered Group, suddenly resigned to join the private equity firm Apollo, effective immediately. Peter Burrill has been appointed as the interim Chief Financial Officer, and the stock price fell by as much as 6.4%. Wintour stated that Pete has extensive industry experience and can ensure the continuity of the financial function. Diego's departure has triggered negative reactions from investors and analysts. Apollo also announced Diego as its partner, succeeding Rob Seminara

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Standard Chartered CFO suddenly resigns, stock price once fell 6%, Deputy Financial Director temporarily takes over

** London-listed shares of lender Standard Chartered fall 4.1% to 1,821 pence, among top losers on FTSE 100 index CURRENCYCOM:UK100 ** Chief financial officer Diego De Giorgi steps down to join asset manager Apollo as head of EMEA region** Peter Burrill, currently group head of central finance and deputy CFO, appointed as interim group CFO** STAN rose 84.3% in 2025, while FTSE 100 gained 21.5%

StanChart's London shares falls after CFO departure 

JP Morgan's report pointed out that Standard Chartered Group's Chief Financial Officer Diego De Giorgi has left immediately, which may lead to a decline in stock prices. Nevertheless, JP Morgan maintains a positive investment outlook for Standard Chartered, believing that if the stock price experiences excessive adjustment, it will be a good opportunity to increase holdings, maintaining an "Overweight" rating with a target price of 265 yuan

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"Major Banks" JP Morgan: If Standard Chartered's stock price adjusts excessively, it can be seen as an attractive accumulation opportunity

Standard Chartered announced that Diego De Giorgi will step down from his role as Executive Director due to pursuing an external opportunity.

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Standard Chartered Announces Step Down of Diego De Giorgi as Executive Director

The research report from Jefferies indicates that Standard Chartered PLC's Chief Financial Officer Diego De Giorgi has immediately resigned, with Peter Burrill serving as interim. De Giorgi will join Apollo, and Jefferies believes this move is a particular blow to Standard Chartered, especially at a critical moment just before the release of the full-year results and mid-term strategic update. De Giorgi's contributions in investor communication and financial performance have been significant, and he is seen as a candidate for future CEO

Credit Suisse: De Giorgi's departure is a special blow to Standard Chartered, and the timing is also unfavorable

StanChart Names Interim Group CFO

- - *Standard Chartered Shares on Track for xx Daily Percentage Drop SInce (MORE TO FOLLOW) Dow Jones Newswires 02-10-26 0104ET

Standard Chartered Shares Extend Losses in Hong Kong

HUSTANC@EC2609A(18232.HK)

London’s FTSE 100 dips as Standard Chartered, BP weigh

Standard Chartered CFO Departure Surprises Investors and Analysts

Standard Chartered ernennt Peter Burrill zum interimistischen Finanzchef

Standard Chartered Files Director List with HKEX

Standard Chartered Corrects Typo in CFO Appointment Announcement