StanChart Reports Soft Results
Standard Chartered (StanChart) reported its Q4 2021 and annual results. Quarterly net losses stood at $382mn vs. a loss of $476mn during the same period in 2020. For the full year 2021, net profits stood at $2.3bn vs. $751mn in 2020. Net interest income stood at...
StanChart to Buy RBC Investor Services Trust HK to Boost Retirement Biz
Global banking major Standard Chartered announced on Wednesday a deal to acquire RBC Investor Services Hong Kong, one of the 13 Mandatory Provident Fund (MPF) trustees in Hong Kong. The acquisition price was not disclosed. Simon Kellaway, regional head of financing...
