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StanChart 1H21 pretax profit up 37% to US$2.7B, with record performance in WM

Standard Chartered 1H21 pretax profit surged 37% YoY to US$2.7 billion, driven by improved loan impairments, while its wealth management business booked a record 1H21, with income up 23% YoY. Operating income for the group slipped 5% to US$7.6 billion. Asia (Greater China & North Asia and ASEAN & South Asia) generated US$5.5 billion of the total income. Operating expenses…

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