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Standard Chartered boosted by 'risk on' clients, says CEO
Evening Standard
|May 02, 2024
STANDARD Chartered showed off the benefit of its focus on Asian markets today with a jump in trading income as clients took a more "risk on" approach to investing.
With UK markets moribund, the London-based bank enjoyed a day in the sun with first quarter profits up 5.2% to $1.22 billion (£1 billion).
UK banks saw profits in the first quarter tumble as mortgage lending fell and house prices wobbled. Lloyds Bank saw profits down 28%, Barclays fell 12%.
Diese Geschichte stammt aus der May 02, 2024-Ausgabe von Evening Standard.
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