Standard Chartered Q3 net profit rises 46% to $1.5 billion
Briefing by News4U · First published
Standard Chartered reported a 46% increase in third-quarter net profit to $1.5 billion, driven by growth in wealth management and cross-border trade loans.
Standard Chartered’s third-quarter net profit rose 46 per cent to US$1.5 billion, or 68.9 US cents per share, compared with US$1.03 billion a year earlier, SCMP Business reported. [1]
Sources
- Standard Chartered beats forecast as wealth business powers third-quarter profit
SCMP Business · · Summary only