Standard Chartered reports 18% increase in profits for Q1 | 29 April 2021
29 April 2021 | 07:42am StockMarketWire.com - Standard Chartered has seen an 18% increase in its pre-tax profits during the first quarter, as it recovers from the impact of the coronavirus pandemic. For the first three months of 2021, the company's pre-tax profit was $1.4 billion, compared with $1.2 billion in 2020, driven by a strong performance in its markets business. The company said it expects income to start growing again in the second half of the year, with income for 2021 to be broadly similar to that achieved in 2020. It anticipates a return to its medium-term guidance of between 5...