News and Announcements
Standard Chartered posts jump in Q1 profits
By Michele Maatouk
Date: Thursday 02 May 2024
(Sharecast News) - Standard Chartered backed its full-year guidance on Thursday and posted a jump in first-quarter profit as it continued to benefit from higher interest rates.
Pre-tax profit rose 6% to $1.9bn, coming in ahead of expectations of $1.4bn. Net profit increased 5% to $1.22bn, comfortably beating expectations of $798m.
or login to read the full story
Email this article to a friend
or share it with one of these popular networks:
Article Archive
You are here: news
