Dow Jones Newswires: Standard Chartered posts 10% profit rise, driven by jump in net interest income

by | Apr 26, 2023 | Stock Market

Standard Chartered PLC said first-quarter net profit rose 10%, driven by sharply higher interest income as global central banks continued to raise interest rates. The Asia-focused bank UK:STAN HK:2888 on Wednesday posted net profit of $1.16 billion for the quarter, compared with $1.06 billion for the same period in 2022. Operating income rose…

Article Attribution | Read More at Article Source

Share This