Hong Kong, the single biggest source of revenue for Standard Chartered, has slipped into a technical recession last quarter. Photo: Warton Li
Standard Chartered third-quarter profit beats estimates in stark contrast to HSBC woes
- Standard Chartered, one of three lenders authorised to issue currency in Hong Kong, follows disappointing report card from HSBC this week
- Surprise gains put London-based lender on course for fourth year of rising profitability since Winters takes helm in 2015
Topic |
Standard Chartered Bank
Hong Kong, the single biggest source of revenue for Standard Chartered, has slipped into a technical recession last quarter. Photo: Warton Li