StanChart earnings: Record wealth solutions performance backed by affluent momentum

Standard Chartered delivered record wealth solutions performance in 2024, driving up the bank’s income thanks to strong affluent client onboarding momentum and net new money flows, the bank’s latest earnings report shows. Underlying operating income for Wealth and Retail Banking (WRB) in 2024 was US$7.8 billion, up 11% YoY and mostly driven by a record performance in wealth solutions, which…

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