by bondevalue | Feb 25, 2021 | Banks, Financial Institutions
Standard Chartered (StanChart) reported 4Q2020 pre-tax statutory losses of $449mn as compared to $194mn during the same period in 2019. Annual profits came at $1.6bn in 2020 vs $3.7bn in 2019, down 57%. Major drawdowns to the profits were seen through credit...
