Hong Kong, the single biggest source of revenue for Standard Chartered, has slipped into a technical recession last quarter. Photo: Warton Li Hong Kong, the single biggest source of revenue for Standard Chartered, has slipped into a technical recession last quarter. Photo: Warton Li
Hong Kong, the single biggest source of revenue for Standard Chartered, has slipped into a technical recession last quarter. Photo: Warton Li
Business /  Banking & Finance

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
Chad Bray
Chad Bray

Updated: 10:58pm, 30 Oct, 2019

Why you can trust SCMP
Hong Kong, the single biggest source of revenue for Standard Chartered, has slipped into a technical recession last quarter. Photo: Warton Li Hong Kong, the single biggest source of revenue for Standard Chartered, has slipped into a technical recession last quarter. Photo: Warton Li
Hong Kong, the single biggest source of revenue for Standard Chartered, has slipped into a technical recession last quarter. Photo: Warton Li
READ FULL ARTICLE