Standard Chartered Aiming to Return Excess Capital, Says CFO

The transcript discusses the business's resilience amid global challenges, including the coronavirus. It covers expectations for credit losses, share buybacks, and capital management. The company faces challenges in achieving its return on tangible equity targets due to deteriorating interest rates and macroeconomic conditions. The response to economic challenges, particularly in Hong Kong, is highlighted, along with leadership commitment to future goals.

What is the significance of the recent buyback announcement made by the company?

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What proactive measures are being taken in response to the economic challenges?

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How does the company plan to maintain confidence in its operations during challenging times?

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What are the management's views on the future of the business amidst current uncertainties?

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