Standard Chartered enjoys a decade of profit and income growth

Standard Chartered's results today mark a decade of growth for the bank. Our reporter Cathy Adams:



London-listed Standard Chartered this morning posted record pre-tax profits of $6.9bn (£4.5bn) for the full year – up from $6.8bn in 2011 – although it fell short of consensus.

The bank has ridden Asia's rise through the last decade and said it hired just over 2,000 staff last year, adding that it could expand by a similar amount this year.


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