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05.05 - 10:01
Standard Chartered profits jump 10% as interest income spikes
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fnlondon.comStandard Chartered 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 on 26 April posted net profit of $1.16bn for the quarter, compared with $1.06bn for the same period in 2022.
READ An Audience with Standard Chartered’s Tracey McDermott
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