StanChart first-half profit down 33% on higher loan impairments

This post was originally published on this site

HONG KONG/LONDON (Reuters) – Standard Chartered PLC (STAN.L) on Thursday posted a 33% fall in its first-half profit, as the bank boosted its credit impairment charges by six-fold as a result of the COVID-19 pandemic and economic downturn in its main …

Click here to read full article