Standard Chartered Posts 21% Rise In Interim Foreign Exchange Gains

BANKS

An upturn in trading conditions and improved customer volumes boosted first-half foreign exchange revenue at Standard Chartered Bank by 21 per cent to £97 million from the £80 million reported for the same period last year. The interim result was also considerably up on the £76 million StanChart posted for the second half of last year.

The bank earned £109 million in overall dealing income for the first half, which represents a 17 per cent rise over the £93 million reported last year. Sharply

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