Wealth and Asset Management
StanChart Beats Profit Estimates and Announces Buyback
Standard Chartered’s profits fell year-on-year in the second quarter but still beat analyst forecasts, leading to an announcement of a share buyback. Standard Chartered posted $1.32 billion in pre-tax profit for the second quarter, according to its latest results, marking a 12 percent year-on-year decrease. Underlying operating income fell 8…
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