Text size

StanChart private banking profit down 34% in FY20; strong start for WM in 1Q21

Profit before tax (PBT) at Standard Chartered’s private banking business contracted in 2020, but the British lender said it is welcoming a positive start of the year with wealth management and financial markets delivering growth. In FY20, the bank’s private banking business recorded a PBT of US$62 million, down 34% YoY. Its 4Q20 PBT retreated into the red, seeing a…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].

Have a confidential tip? Get in touch [email protected]