Bloomberg Talks Standard Chartered CEO Bill Winters Talks US and China, Share Price
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Jan 22, 2025 Bill Winters, CEO of Standard Chartered, shares insights into the bank's growth strategies and the impact of U.S.-China relations on global economics. He discusses the concerns about market volatility and how it affects share prices, emphasizing the importance of strong leadership during uncertain times. Winters also highlights the 'Fit for Growth' strategy and its role in boosting productivity, while addressing the delicate balance of international negotiations and the evolving landscape of financial services for affluent clients.
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US-China Relations and Economic Impact
- Bill Winters, Standard Chartered CEO, discusses the economic impact of evolving US-China relations.
- Key questions revolve around tariffs and global trade's future.
Hope for US-China Cooperation
- Winters hopes for an entente between the US and China, particularly on climate change and global trade.
- He acknowledges the need to address those left behind by globalization.
Trump's Tariffs as Negotiating Tactics
- Winters views Trump's statements on tariffs as negotiating tactics.
- He questions the depth of Trump's conviction and the potential for change.