Standard Chartered profits jump

New quarterly results from Standard Chartered have found pre-tax profits to jump 44%.

The outlook for 2021 earnings growth remains flat, however, profits surpassed expectations and rose to $1.08bn.

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“We delivered a return to top-line growth in the third quarter and achieved further progress against our strategic priorities, with strong performance in our financial markets and trade businesses and ongoing positive momentum in wealth management,” said Bill Winters, chief executive.

Following the results, chief financial officer Andy Halford, said that the bank was doing a  “huge amount to play our part in helping to get to net-zero,” – after being accused of greenwashing.

Full-year results will be published in February 2022.

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