Standard Chartered PLC

STAN: XLON (GBR)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Standard Chartered Earnings: Guidance Unchanged Despite Strong Quarter; Valuation up 11%

Standard Chartered's first-quarter return on tangible equity of 17% improved from 15% a year ago. Net profit grew 24% to USD 1.7 billion, driven by growth in noninterest income from the wealth solutions business.

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