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.
Standard Chartered Q3 Profit Rises 46%, Wealth Business Boosts Earnings | Split Angle