Standard Chartered announced on Wednesday that its pre-tax profits in the first half of the year grew by 9%, supported by the growth in revenues from global wealth management, markets and banking services at the bank, which focuses on emerging markets.
Standard Chartered, which generates most of its revenues in Asia and Africa, said its pre-tax profits during the first six months of the year amounted to $4.78 billion.
This compares with $4.38 billion in the same period of the previous year, and the average estimate of 16 analysts collected by the bank at $4.52 billion.
