Category: Chartered

  • Standard Chartered Q1 profit rises 5.5%, beats estimates By Reuters

    Standard Chartered Q1 profit rises 5.5%, beats estimates By Reuters

    HONG KONG/LONDON (Reuters) – Standard Chartered on Thursday reported a 5.5 percent rise in first-quarter pre-tax profit, beating estimates, as higher interest rates boosted the emerging markets-focused bank’s profits. Standard Chartered, which generates most of its revenue in Asia, said its pre-tax profit in the quarter was $1.91 billion. That…