London, Feb 11, 2026, 08:48 GMT — Regular session underway.
- Shares rose roughly 1% in early London trading, rebounding slightly after Tuesday’s steep fall
- Diego De Giorgi has stepped down as CFO, with Peter Burrill stepping in as interim finance chief
- Investors are eyeing the results on Feb. 24 for clues and potential leadership changes
Standard Chartered shares edged higher in early London trading on Wednesday, recovering some ground lost in the previous session. The stock gained roughly 0.9%, reaching 1,807 pence. (Investing)
The drop came after a 5.7% tumble on Tuesday, pushing the lender down to 1,790 pence. This followed the announcement that Chief Financial Officer Diego De Giorgi had resigned effective immediately. Apollo revealed De Giorgi is moving on to lead its EMEA division, the asset management firm said. (MarketWatch)
The departure comes mere weeks ahead of the bank’s full-year results, a period when investors ramp up scrutiny on costs, capital, and forecasts for the coming year. Standard Chartered is set to release its Q4 and full-year 2025 figures on Feb. 24. (Standard Chartered Bank)
Standard Chartered has appointed Peter Burrill as interim group CFO, with a permanent hire expected “in due course.” CEO Bill Winters highlighted that Burrill “provides valuable continuity” to the finance team. (Standard Chartered Bank)
On Wednesday, the bank highlighted its move into digital assets by teaming up with crypto liquidity provider B2C2. The deal is set to offer institutional clients direct access to Standard Chartered’s “banking rails” and settlement services down the line. Luke Boland from Standard Chartered described the effort as creating “regulated, scalable market linkage,” while B2C2’s CEO Thomas Restout dubbed it a “durable connectivity layer” bridging traditional finance and crypto markets. (Standard Chartered Bank)
Traders are now debating if Tuesday’s sell-off was just a brief pause amid leadership doubts or signals a broader de-rating. With earnings approaching, the interim CFO must maintain a clear narrative.
But risks remain. A CFO change can bog down decisions on costs and capital returns, rattling shareholders if the process drags on or hints at internal conflict. Expanding into digital assets introduces additional regulatory and operational challenges.
On Feb. 24, Standard Chartered will release its results, with investors keen to catch any updates on targets, capital strategies, and the schedule for appointing a permanent CFO.
