Standard Chartered PLC

STAN: XLON (GBR)
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Standard Chartered Earnings: Raising Valuation on Strong Noninterest Income Growth

Standard Chartered's third-quarter operating income was up 5% year on year, driven by strong wealth solutions and global banking revenue, despite softer net interest income. The bank now expects to reach its 13% return on tangible equity target in 2025, ahead of the originally guided 2026.

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