Standard Chartered stock rallies on bright earnings
London (AFP) May 2, 2024
Shares in Asia-focused British bank Standard Chartered soared Thursday on brighter-than-expected first-quarter earnings driven by investment banking and wealth management. Profit after taxation rose four percent to almost $1.4 billion in the three months to March from the same period a year earlier, Standard Chartered said in a results statement. The news sent the lender's share price ju