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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Standard Chartered top bankers to receive biggest bonuses since financial crisis

The Standard Chartered logo
Standard Chartered is a London-based bank which focuses on emerging markets. Photograph: Peter Nicholls/Reuters

Standard Chartered bankers will receive their biggest bonuses since the financial crisis, after rising global interest rates pushed the lender’s profits up 28%.

The London-headquartered but emerging markets-focused bank said it had increased staff bonuses by 16%, to a total of $1.6bn (£1.3bn), in light of the fact that the bank had performed strongly even amid “ongoing external challenges”, including the war in Ukraine.

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