UPDATE 1-StanChart annual profit jumps, but pushes back target on coronavirus, slowing economy
Standard Chartered
on Thursday said its key profit target would take
longer to meet on slowing global economic growth and the
coronavirus outbreak. The warning came after it posted a 46%
jump in its annual profit bolstered by revenue growth in its
main markets and lower costs.
on Thursday said its key profit target would take
longer to meet on slowing global economic growth and the
coronavirus outbreak. The warning came after it posted a 46%
jump in its annual profit bolstered by revenue growth in its
main markets and lower costs.
Posted by Reuters
