Wednesday 28 October 2020

Standard Chartered Third-quarter Profit Slumps 40% On Higher Credit Impairment

Standard Chartered said thirdquarter profit slid 40% on higher credit impairment resulting from the coronavirus pandemic and lower interest rates, although a tighter rein on costs helped it beat expectations.

from Top Business News- News18.com https://ift.tt/37OOxxI
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