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Standard Chartered's Manpreet Gill tells CNBC's Dan Murphy that any pullback in AI stocks would be a buying opportunity, as markets prime for a rally into year-end.
Stan Chart Buys Back Shares
Standard Chartered (STAN.L) shares rose 3% following a favorable ruling by the U.S. Department of Justice in a long-standing civil case. This comes after a previous decline in shares due to a request from U.S. lawmaker Elise Stefanik for an investigation into the bank for alleged sanctions evasion. The bank expressed satisfaction with the DOJ's filing, asserting that the claims against it are false.
In the latest crypto news update, financial leaders Standard Chartered and Brevan Howard are gradually adopting tokenization. As revealed in a partnership update with top crypto exchange OKX, these firms plan to enter the real-world asset tokenization niche. source: