Benjamin Hung Pi-cheng, Standard Chartered’s chief executive greater China and north Asia acknowledged that uncertainty over the scale of any penalties that will be given to Standard Chartered was another reason for maintaining a strong capital buffer, and not paying shareholders any interim dividend. Photo: Dickson Lee

No interim dividend from Standard Chartered despite 93pc rise in profits

Lender posts interim pre-tax profits of US$1.919 billion, up from US$994 million in the first half of 2016

Topic |   Hong Kong company reporting season

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Benjamin Hung Pi-cheng, Standard Chartered’s chief executive greater China and north Asia acknowledged that uncertainty over the scale of any penalties that will be given to Standard Chartered was another reason for maintaining a strong capital buffer, and not paying shareholders any interim dividend. Photo: Dickson Lee
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