Tag: powers earnings
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StanChart lifts income target after wealth boom powers earnings beat; shares jump
HONG KONG/LONDON, July 29 : Standard Chartered reported on Wednesday a better-than-expected 9 per cent rise in first-half pretax profit and lifted its full-year income target, as wealth and global banking revenue surged and credit charges tied to the Iran war held steady.The bank’s Hong Kong-traded shares ros
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