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Standard Chartered profits fall 22pc as Sands heads for exit

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Standard Chartered has reported a 22pc decline in pre-tax profits as the bank continued to write off portions of its loan book. The bank, presenting its last set of figures before long-serving chief executive Peter Sands leaves the bank, reported pre-tax profits of $1.5bn (£985m) in the first three months…

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Click here to read the full story: Telegraph

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