Standard Chartered (STAN) chief executive Bill Winters has been boosted in the bank’s row with investors over his pay after the lender posted a solid set of results. The bank beat analyst expectations and outshone many of its peers on Wednesday morning as it unveiled a profit boost of 16% for the third quarter. Its performance stands in contrast to rival HSBC, which reported an 18% profit drop for the same period. The figures come at a good time for Mr Winters, who has faced scrutiny over his controversial pension pot – worth £474,000 this year alone – amid a wider move in the UK to decrease the pension contributions made to top executives.
Questor: Sequoia Economic Infrastructure Income Fund Limited (SEQI) – a 5% yield from a cautiously managed trust? Welcome to ‘infrastructure debt’. Questor investment trust bargain: these little-known assets require specialist handling but defaults are rare despite the generous income and there’s scope for capital gains on top
