StanChart may get a helping hand from Japan

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StanChart may get a helping hand from Japan, says ClaraDFMarques:

Standard Chartered on Oct. 30 reported third-quarter underlying pre-tax profit of $1.2 billion, higher than the $1.1 billion in the same period a year earlier and the $1 billion average forecast of analysts compiled by the bank. The figure excludes some restructuring costs.

The bank reported an underlying return on tangible equity of 8.9%, compared to 7.3% for the same three months in 2018.

 

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