Standard Chartered posts profit fall.
Global Banking News-October 26, 2023--Standard Chartered posts profit fall
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Global Banking News - 26 October 2023
British banking firm, Standard Chartered (LSE: STAN) has posted a fall in profit.
The firm reported that its first-half pre-tax profit rose 19 percent. Pre-tax profit dropped 33 percent in the third quarter of the year.
The firm suffered a USD1bn hit from exposure to China's banking and troubled real estate sectors.
The bank has posted a pretax...
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