Finance2 sources
Standard Chartered Q3 Profit Rises 46%, Wealth Business Boosts Earnings
- Standard Chartered's Q3 net profit rose to US$1.5 billion, up from US$1.03 billion a year earlier.
- The increase was driven by strong growth in cross-border trade loans and wealth management.
- Geopolitical tensions did not significantly impact the bank's performance.
- Standard Chartered is one of Hong Kong's three note-issuing banks.