News in Brief - Caproasia Online
Caproasia.com | The leading source of data, research, information & resource for financial professionals, institutional investors, professional investors and private investors (UHNWs, & HNWs). Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.





Standard Chartered Reports Profit of $1.9 Billion for 1st Half 2017

Standard Chartered reported profit of $1.9 billion for 1st half 2017. Wealth Management’s business generated $658 billion in income, contributing 37.96% to total group income.

” Assets under Management at $58.8 billion “

For Private Banking, Wealth Management revenue rose 7% at $144 million with Assets under Management at $58.8 billion, compared to $54.2 billion on 31st Dec 2016.

Bill Winters, Group Chief Executive


“We have had an encouraging start to 2017, making steady progress against our strategic objectives. Our increased profitability and improved asset quality over the last year reflect the success of this approach: we are stronger, leaner and becoming more efficient. We go into the second half of the year confident in our resilience and in our ability to generate better value for our clients and shareholders.”

 

About Standard Chartered

Standard Chartered Bank
Standard Chartered Bank

Standard Chartered Bank (LSE:STAN) was formed in 1969 through the merger of two separate banks, the Standard Bank of British South Africa and the Chartered Bank of India, Australia and China. These banks had capitalised on the expansion of trade between Europe, Asia and Africa. Operating in around 67 markets around the world, Standard Chartered Bank provides a wide-range of products and services for personal and business customers and generates more than 90 percent of income and profits from Asia, Africa, and Middle East.

  • Origin : London, UK
  • Assets : $ 640.48 billion
  • Revenue : $ 15.29 billion
  • Employees : 84,000

Official Website: www.sc.com

News & Media: Press Release

Updated on 8th August 2016



Caproasia.com | The leading financial website for financial professionals, professional investors and HNW investors. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Quicklinks: Caproasia Access | TFC | Caproasia | Jobs

Join 14,000+ leading financial professionals and professional investors in Asia. Stay ahead of your peers & competition.
For press release, email to press@caproasia.com
For editorial, media kit, listing on TFC, events, seminars or research & data services, email to mail@caproasia.com


Previous articleGentoo Acquired by TMF Group, Disruptive Capital Finance Exit
Next articleAbout Capital Group
Caproasia.com covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia