Wealth and Asset Management
Standard Chartered – Regulatory changes weigh on bland results
Third quarter income of $3.6bn was 4% higher than the prior year, with growth across all divisions. Underlying profits before tax in the quarter are up 78% year-on-year, at $814m, reflecting significantly lower levels of bad loans. Despite the improved performance, the shares fell 4.3% in early trading, as regulatory…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Hargreaves Lansdown