Standard Chartered posted robust earnings in 2Q2022, as a strong financial markets performance helped to offset a weaker showing in its wealth management segment. The Asia-focused bank said on Friday that its underlying profit before tax for the period rose 7% to US$1.32 billion, while operating income for the period gained 6% US$3.93 billion. For the first half, operating income…
StanChart posts strong 2Q2022 earnings despite wealth management struggles
By Twinkle Zhou, senior reporter | 29 July 2022

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