Standard Chartered Private Bank’s assets under management (AUM) declined by 4% YoY to US$54.2 billion and its underlying profit before tax fell by as much as 68% over the same period, according to the bank’s year-end financials. StanChart attributes this decline in AUM “to actions we took to improve our risk profile as well as maturing deposits”. The bank said that this offset…
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].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]