Growth slow at Standard Chartered
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Slowing growth in India and China saw Standard Chartered produce its slowest increase in first-half profits for a decade.
Even so its 10th consecutive record first-half profit saw a 9 per cent rise to $3.95bn (£2.52bn), reflecting the London-headquartered bank's concentration on emerging markets. Chief executive Peter Sands said: "These results represent a very positive start to the year. Amidst all the turbulence in the global economy…we remain consistent in delivering strong performance."
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments