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The Independent UK
The Independent UK
Business
Anna Wise

Standard Chartered cashes in on wealth arm while boss’s pay surges

Standard Chartered has grown its yearly profit by nearly a fifth (Standard Chartered/PA) - (PA Media)

Standard Chartered has grown its yearly profit by nearly a fifth as the bank benefited from activity in international markets and its wealth division, and hiked its boss’s pay by nearly 50%.

The UK-listed bank, which makes most of its money in Asia, the Middle East and Africa, said the stronger financial performance was achieved despite a year of global “disruption” and amid the looming threat of tariffs.

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