Corporate Debt Restructuring Masterclass

18 July 2022 (Mon), 5pm Singapore/HK time

StanChart Reports 7% Profit Rise; Books $267mn in Charges on Sri Lanka and China Exposure

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 Beats on Q3 Earnings

StanChart Beats on Q3 Earnings

Standard Chartered reported strong Q3 earnings on Tuesday with income up 7% YoY to $3.8bn and statutory pre-tax profit more than doubling to $996mn from $435mn a year earlier, beating analyst estimates of $942mn. Credit impairment costs reduced massively to $107mn...
SocGen, StanChart Report Surge in Profits

SocGen, StanChart Report Surge in Profits

SocGen reported a Q2 underlying group net income of €1.35bn ($1.6bn) vs. only €8mn ($9.5mn) in Q2 last year. For the half year, they reported net income of €2.65bn ($3.1bn), up 13.5% vs. 1H2019 and nil profits during the same period last year. The bank reported no...
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