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Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Standard Chartered PLC Bank department in Hong Kong
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Friday beating standard charter Wealth management and gain expectations in the first quarter in the back of strong growth in global markets.
It was reported that the bank earns before tax for three months ended in March $ 2.103 billion, from $ 1.91 billion same period a year ago.
Here, compared to consensus calculations, the first quarter of the standard Charter 2025 results compiled by the bank.
“In the first quarter of 2025, a strong performance, 19%, wealth solutions, global markets and two-digit income in global markets,” Group Chief Executive Projects “said.
Gains do not fully affect the tariffs of US President Donald Trump, because the “mutual” tariffs were arrested in April. However, since March, the steel, aluminum and auto affect the collections.
Winter, the application of trade tariffs increased global economic and geopolitical complexity, was convinced that the bank would continue to improve returns.
The saving set is reported to be in the standard charter in February In 2024 the annual profit increased by 18% Strict results behind the record increase in the wealth section and divide markets. The London headquarters called for $ 1.5 billion after the issuance of full annual results.
The Bank is currently initiative that saves an expense called “suitable for growth” Spread in 2024. It is intended to save about $ 1.5 billion in three years.
A few days ago, Asian-oriented opponent Bank HSBC Purchased a share of up to $ 3 billion2025 aims to end before the interim result.