the latest Flash player

StanChart's decision to shut unit is 'good': Pro

6:32 PM ET Thu, 8 Jan 2015

John Thompson, CEO & CIO at Vilas Capital, says Standard Chartered's stock-trading and underwriting business lacked the scale and profits to compete with bigger banks.

Watch CNBC Live TV

You May Like
‹
›
Latest Videos
‹
- 04:17
  
  04:17 | 16 Mins Ago
  
  What went wrong with Kraft Heinz?
- 03:21
  
  03:21 | 32 Mins Ago
  
  Why this portfolio manager thinks the market is getting ahead of itself
- 01:36
  
  01:36 | 32 Mins Ago
  
  Trump and Chinese President Xi discussing late March summit at Mar-a-Lago, sources say
- 01:04
  
  01:04 | 33 Mins Ago
  
  News Update – Midday
- 01:36
  
  01:36 | 43 Mins Ago
  
  CNBC Tech Check Morning Edition: February 22, 2019
- 02:38
  
  02:38 | 53 Mins Ago
  
  Expert: It's possible China trade deal is a sell moment
- 01:15
  
  01:15 | 59 Mins Ago
  
  Invest in You: Investing like Warren Buffett
- 02:23
  
  02:23 | 1 Hr Ago
  
  Fed to consider expanding toolkit, reassess communications strategy
- 01:28
  
  01:28 | 1 Hr Ago
  
  Shark Tank star Robert Herjavec: How my liberal arts degree taught me the most important skill in business
- 01:11
  
  01:11 | 1 Hr Ago
  
  Is now the time to buy Roku?
- 04:48
  
  04:48 | 1 Hr Ago
  
  Watch CNBC's full interview with Intuit CEO Sasan Goodarzi
- 03:37
  
  03:37 | 3 Hrs Ago
  
  Santelli Exchange: All stimulus is fungible
- 05:22
  
  05:22 | 1 Hr Ago
  
  FCC Commissioner on the economic impact of 5G
- 05:55
  
  05:55 | 1 Hr Ago
  
  Doordash CEO on anticipated start-up IPOs
- 01:26
  
  01:26 | 1 Hr Ago
  
  News Update – Late Morning
- 02:08
  
  02:08 | 3 Hrs Ago
  
  Justin Uhart talks about meeting his idol, Emmitt Smith on 'Deal or No Deal'
- 02:35
  
  02:35 | 1 Hr Ago
  
  Patriots owner Robert Kraft charged with soliciting prostitution
- 02:35
  
  02:35 | 3 Hrs Ago
  
  These two charts indicate the Dow will pull back before racing to records
- 02:35
  
  02:35 | 1 Hr Ago
  
  VW CEO: We want more of U.S. market share
- 2 Hrs Ago
  
  VW CEO: I hope we'll do enough to avoid US tariffs
- 02:48
  
  02:48 | 2 Hrs Ago
  
  Fed: FOMC will be patient on rate moves
- 03:42
  
  03:42 | 2 Hrs Ago
  
  McClellan Analysis: Expect bull market run to continue until 2021
- 04:22
  
  04:22 | 2 Hrs Ago
  
  Zillow wants to get into the home-flipping process, a big bold bet, says analyst
- 01:23
  
  01:23 | 3 Hrs Ago
  
  Marcus Lemonis gets the scoop on management issues at Snowdays
- 03:36
  
  03:36 | 2 Hrs Ago
  
  Positive story on trade talks could be positive for crude, says Helima Croft
- 06:04
  
  06:04 | 2 Hrs Ago
  
  A larger Kraft Heinz may not be welcome in the market, says analyst
- 04:55
  
  04:55 | 2 Hrs Ago
  
  Trade talk is going to take a long time to come to conclusion, says expert
- 00:15
  
  00:15 | 3 Hrs Ago
  
  Today's Bell Ringer, February 22, 2019
- 05:57
  
  05:57 | 3 Hrs Ago
  
  HPE CEO: Edge computing to be bigger than cloud computing
- 06:41
  
  06:41 | 2 Hrs Ago
  
  Why these two investors are optimistic about a China trade deal
›
Top Videos
‹
- 02:35
  
  02:35 | 1 Hr Ago
  
  Patriots owner Robert Kraft charged with soliciting prostitution
- 06:41
  
  06:41 | 2 Hrs Ago
  
  Why these two investors are optimistic about a China trade deal
- 00:57
  
  00:57 | 3 Hrs Ago
  
  Musk is over-promising on autonomous vehicles, says AutoNation CEO Mike Jackson
- 07:44
  
  07:44 | 4 Hrs Ago
  
  Consumer staple stocks drop following weak Kraft Heinz earnings
- 05:09
  
  05:09 | 4 Hrs Ago
  
  How Amazon's situation in New York compares to Uber's
- 05:11
  
  05:11 | 5 Hrs Ago
  
  Central banks stimulus, easing will define 2019, says Blackstone strategist
- 04:49
  
  04:49 | 5 Hrs Ago
  
  Morningstar's Erin Lash dissects Kraft Heinz's earnings miss
- 01:12
  
  01:12 | 7 Hrs Ago
  
  Trump to meet with Chinese trade special envoy Liu He
- 00:46
  
  00:46 | 8 Hrs Ago
  
  Markets set to rise after yesterday's dip
- 01:29
  
  01:29 | 10:35 AM ET Thu, 21 Feb 2019
  
  Existing home sales, leading economic indicators miss expectations
- 03:39
  
  03:39 | 10:28 AM ET Thu, 21 Feb 2019
  
  Former SEC Chairman Richard Breeden explains why fewer companies are choosing to go public
- 01:57
  
  01:57 | 8:51 AM ET Thu, 21 Feb 2019
  
  Jobless claims down 23,000 to 216,000
- 13:04
  
  13:04 | 7:49 AM ET Thu, 21 Feb 2019
  
  Watch CNBC's full interview with St. Louis Fed President James Bullard
- 03:02
  
  03:02 | 8:27 AM ET Thu, 21 Feb 2019
  
  Pinterest eliminates search results for vaccination posts
- 02:49
  
  02:49 | 7:48 AM ET Thu, 21 Feb 2019
  
  Top US-China officials meet in Washington to negotiate details of a memos of understanding
- 00:47
  
  00:47 | 6:40 AM ET Thu, 21 Feb 2019
  
  Wall Street set for a slightly higher open amid China trade optimism
- 00:54
  
  00:54 | 6:55 PM ET Wed, 20 Feb 2019
  
  Lyft could file for IPO as early as next week
- 06:09
  
  06:09 | 2:50 PM ET Wed, 20 Feb 2019
  
  Watch CNBC's full interview with Tilray CEO Brendan Kennedy
- 00:57
  
  00:57 | 2:22 PM ET Wed, 20 Feb 2019
  
  Fed: Expect slower growth in 2019
- 02:59
  
  02:59 | 10:05 AM ET Wed, 20 Feb 2019
  
  Activist hedge fund Starboard nominates five directors to Bristol-Myers board
- 04:50
  
  04:50 | 10:23 AM ET Wed, 20 Feb 2019
  
  Why this former insider thinks Facebook's metrics may be misleading
- 05:13
  
  05:13 | 8:47 AM ET Wed, 20 Feb 2019
  
  Tesla general counsel departure shows company struggles to retain top talent, pro says
- 01:12
  
  01:12 | 8:36 AM ET Wed, 20 Feb 2019
  
  Tesla general counsel leaves after 2 months on the job
- 09:26
  
  09:26 | 7:37 AM ET Wed, 20 Feb 2019
  
  Elon Musk gives new podcast interview about Tesla's growth and future
- 02:58
  
  02:58 | 6:07 AM ET Wed, 20 Feb 2019
  
  Trump signals China tariff deadline is flexible, contradicting Lighthizer
- 05:22
  
  05:22 | 6:38 PM ET Tue, 19 Feb 2019
  
  Trump's policies will bring down an economy on its last legs, says former OMB director
- 00:58
  
  00:58 | 4:19 PM ET Tue, 19 Feb 2019
  
  Trump: March 1 deadline not a magical date
- 10:03
  
  10:03 | 2:48 PM ET Tue, 19 Feb 2019
  
  Watch CNBC's full interview with CEA Chairman Kevin Hassett
- 10:02
  
  10:02 | 8:00 AM ET Sat, 16 Feb 2019
  
  Here's what happened to government cheese
- 06:15
  
  06:15 | 1:52 PM ET Tue, 19 Feb 2019
  
  Traders debate if the market is posed for a rally or a retest
›
Must Watch Videos
‹
- 04:13
  
  04:13 | 22 Hrs Ago
  
  How this high school senior got promoted to junior partner at a global investment fund
- 02:11
  
  02:11 | 2:30 PM ET Wed, 20 Feb 2019
  
  First look at Samsung's family of Galaxy S10 phones: rivals to Apple's new iPhones
- 08:37
  
  08:37 | 8:41 AM ET Wed, 20 Feb 2019
  
  Is your phone waterproof? Here's how to tell
- 04:38
  
  04:38 | 11:17 AM ET Fri, 15 Feb 2019
  
  SpaceX and Blue Origin face growing competition from China in the new global space race
- 05:59
  
  05:59 | 11:50 AM ET Thu, 14 Feb 2019
  
  Shake Shack's Danny Meyer changed the restaurant industry by breaking all the rules. Here's how
- 06:21
  
  06:21 | 11:51 AM ET Thu, 14 Feb 2019
  
  Beauty icon Bobbi Brown's formula for success—whatever your age
- 01:13
  
  01:13 | 9:56 AM ET Thu, 14 Feb 2019
  
  Shark Tank star Robert Herjavec's first big splurge cost about $6 million
- 04:25
  
  04:25 | 3:26 PM ET Wed, 13 Feb 2019
  
  Justin Wolfers: Biggest risk to strong U.S. economy is Trump in the White House
- 02:19
  
  02:19 | 9:10 AM ET Tue, 12 Feb 2019
  
  Millennial who earned $1 million before 30: Don't make these side hustle mistakes
- 06:41
  
  06:41 | 8:00 AM ET Tue, 12 Feb 2019
  
  Tesla has grand ambitions in China but the electric vehicle maker faces steep competition there
- 01:53
  
  01:53 | 6:28 PM ET Mon, 11 Feb 2019
  
  Gen Z is entering the workforce: Here's what they need to do to succeed
- 01:42
  
  01:42 | 12:50 PM ET Mon, 11 Feb 2019
  
  CNBC just went for a test drive at the last tank manufacturer in the U.S.
- 02:53
  
  02:53 | 2:06 PM ET Fri, 8 Feb 2019
  
  This is what it's like to break the internet with Ariana Grande
- 00:54
  
  00:54 | 12:40 PM ET Fri, 8 Feb 2019
  
  Here's what Maria Sharapova refuses to splurge on
- 06:39
  
  06:39 | 8:59 AM ET Sat, 9 Feb 2019
  
  A rare look inside the factory that makes iPhone's Gorilla Glass
- 07:31
  
  07:31 | 2:42 PM ET Fri, 8 Feb 2019
  
  Jeff Bezos 1999 interview on Amazon before the dotcom bubble burst
- 04:55
  
  04:55 | 8:46 AM ET Fri, 8 Feb 2019
  
  Why Australia hasn't had a recession in 27 years
- 01:40
  
  01:40 | 5:05 PM ET Thu, 7 Feb 2019
  
  Delta’s brand-new A220 planes finally take off
- 03:07
  
  03:07 | 10:51 AM ET Wed, 6 Feb 2019
  
  CNBC drives brand new $200,000 Lamborghini SUV
- 03:08
  
  03:08 | 9:28 AM ET Mon, 18 Feb 2019
  
  Scott Galloway: The two most important keys to succeed at work and in life
- 01:15
  
  01:15 | 4:14 PM ET Tue, 5 Feb 2019
  
  Boeing just unveiled a supersonic business jet
- 01:04
  
  01:04 | 1:23 PM ET Thu, 10 Jan 2019
  
  Ford reveals all-new Explorer with upgraded tech features
- 18:06
  
  18:06 | 8:00 AM ET Sat, 2 Feb 2019
  
  Why college is so expensive in America
- 05:18
  
  05:18 | 7:30 AM ET Mon, 4 Feb 2019
  
  Trade deal or no deal, the U.S. and China are still fighting for global power
- 01:02
  
  01:02 | 12:08 PM ET Mon, 4 Feb 2019
  
  SpaceX tests engine for new rocket that may take people to Mars
- 04:45
  
  04:45 | 2:36 PM ET Fri, 1 Feb 2019
  
  America is falling back in love with trucks and SUVs, and that's causing big changes at big car companies
- 05:00
  
  05:00 | 9:30 AM ET Fri, 1 Feb 2019
  
  Why NFL players are wearing this new custom 3D-printed helmet
- 07:17
  
  07:17 | 7:10 PM ET Thu, 31 Jan 2019
  
  NY Giants star running back Saquon Barkley on winning 2019 Pepsi NFL Rookie of the Year
- 06:46
  
  06:46 | 7:07 PM ET Thu, 31 Jan 2019
  
  Shaquille O'Neal on bringing his 'Fun House' to Atlanta for a carnival-themed Super Bowl party
- 02:03
  
  02:03 | 9:28 AM ET Wed, 30 Jan 2019
  
  This is 'Brooklyn Nine-Nine' star Terry Crews' biggest money mistake
›
CEO Interviews
‹
- 04:11
  
  04:11 | 10:18 AM ET Fri, 15 Feb 2019
  
  Canopy Growth co-CEO on Q3 earnings and the future for the cannabis industry
- 04:10
  
  04:10 | 1:55 PM ET Thu, 14 Feb 2019
  
  We're seeing healthy economy across all sectors: Ryder CEO
- 03:35
  
  03:35 | 11:59 AM ET Thu, 14 Feb 2019
  
  Survey Monkey CEO: We're a disruptive company with room to grow
- 07:05
  
  07:05 | 11:16 AM ET Thu, 14 Feb 2019
  
  Six Flags CEO: Share price doesn't align with our record performance
- 09:02
  
  09:02 | 10:17 AM ET Thu, 14 Feb 2019
  
  Here are the 'headwinds' Coca-Cola CEO James Quincey sees for the company
- 08:56
  
  08:56 | 8:49 AM ET Thu, 14 Feb 2019
  
  Cisco CEO Chuck Robbins on Q2 results, 5G, China trade and much more
- 04:25
  
  04:25 | 10:27 AM ET Wed, 13 Feb 2019
  
  BMW increasing production at South Carolina plant, says North American CEO
- 04:49
  
  04:49 | 11:52 AM ET Tue, 12 Feb 2019
  
  Watch CNBC's Interview with AT&T Communications CEO John Donovan
- 08:27
  
  08:27 | 11:44 AM ET Tue, 12 Feb 2019
  
  Watch CNBC's full interview with IBM Chairman and CEO Ginni Rometty
- 04:52
  
  04:52 | 11:10 AM ET Tue, 12 Feb 2019
  
  Textbooks at college bookstores are dead, says Chegg CEO
- 05:51
  
  05:51 | 10:26 AM ET Mon, 11 Feb 2019
  
  Spirit Airlines CEO Ted Christie on the effects of the shutdown, the consumer and more
- 04:22
  
  04:22 | 11:55 AM ET Fri, 8 Feb 2019
  
  Markets want constantly improving margins, says Zendesk CEO
- 07:12
  
  07:12 | 10:27 AM ET Fri, 8 Feb 2019
  
  The travel industry is extremely resilient, says Expedia CEO
- 10:59
  
  10:59 | 8:58 AM ET Fri, 8 Feb 2019
  
  Watch CNBC's full interview with AT&T Chairman and CEO Randall Stephenson
- 05:09
  
  05:09 | 1:53 PM ET Thu, 7 Feb 2019
  
  Watch CNBC's full interview with Dunkin' CEO David Hoffman
- 05:38
  
  05:38 | 11:23 AM ET Thu, 7 Feb 2019
  
  Match Group CEO: We haven't really seen anything like Tinder
- 14:59
  
  14:59 | 10:20 AM ET Thu, 7 Feb 2019
  
  Watch CNBC's full interview with BB&T CEO Kelly King and SunTrust CEO Bill Rogers
- 05:39
  
  05:39 | 9:48 AM ET Thu, 7 Feb 2019
  
  Watch CNBC's exclusive interview with Yum! Brands CEO Greg Creed
- 05:08
  
  05:08 | 2:29 PM ET Wed, 6 Feb 2019
  
  The whole news cycle has been very good for business: New York Times CEO
- 10:06
  
  10:06 | 1:47 PM ET Wed, 6 Feb 2019
  
  Watch CNBC's full interview with New York Times CEO Mark Thompson
- 10:10
  
  10:10 | 10:42 AM ET Wed, 6 Feb 2019
  
  Watch CNBC's full interview with Take-Two Interactive CEO Strauss Zelnick
- 03:43
  
  03:43 | 1:53 PM ET Tue, 5 Feb 2019
  
  Watch CNBC's full interview with Group 1 Automotive CEO Earl Hesterberg
- 05:28
  
  05:28 | 3:09 PM ET Fri, 1 Feb 2019
  
  DraftKings CEO says brand is investing in customer experience
- 09:57
  
  09:57 | 8:27 AM ET Fri, 1 Feb 2019
  
  Watch CNBC's exclusive interview with Exxon CEO Darren Woods
- 02:25
  
  02:25 | 10:52 AM ET Thu, 31 Jan 2019
  
  Diageo CEO: Consumers moving from beer to more premium spirits
- 06:22
  
  06:22 | 10:12 AM ET Thu, 31 Jan 2019
  
  UPS CEO: There's only a slight global slowdown
- 09:42
  
  09:42 | 10:25 AM ET Thu, 31 Jan 2019
  
  Watch CNBC's full interview with Mondelez CEO Dirk Van de Put
- 08:57
  
  08:57 | 9:54 AM ET Thu, 31 Jan 2019
  
  Watch CNBC's full interview with Chase Koch of Koch Disruptive Technologies
- 06:59
  
  06:59 | 8:20 AM ET Thu, 31 Jan 2019
  
  Chase Koch on how Koch Industries wants to disrupt metal manufacturing
- 12:14
  
  12:14 | 7:36 AM ET Thu, 31 Jan 2019
  
  The owner of the New England Patriots talks Super Bowl LIII
›

StanChart's decision to shut unit is 'good': Pro

You May Like

Latest Videos

Top Videos

Must Watch Videos

CEO Interviews

News Tips

CNBC Newsletters