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Standard Chartered beats forecast as wealth business powers third-quarter profit

South China Morning Post ·

Standard Chartered’s third-quarter net profit rose 46 per cent as strong growth in cross-border trade loans and wealth management buffered one of Hong Kong’s three note-issuing banks from provisions linked to geopolitical tensions. Net profit increased to US$1.5 billion, or 68.9 US cents per share…

Read the full story at South China Morning Post

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