Standard Chartered reports highest half-year profit in five years

Standard Bank sells London unit stake for $75m less

Standard Bank said on Monday it sold a stake of its London business at $75 million less than what had been previously agreed.

Standard Chartered Plc (the Group) on Tuesday released its financial results for the half-year ended 30 June 2021, reporting a profit before tax increase of 37 percent year on year. Helped by improved loan impairments, strong underlying business momentum and good progress across the Bank’s stra

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