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Standard Chartered goes on the march
AS A BANK whose history has been shaped by its experiences in volatile markets, Standard Chartered knows how to steer through turbulent waters. So perhaps it is not surprising that the emerging markets specialist has coped better than most during the financial crisis.
While many of its rivals were posting losses in 2008, it delivered record pre-tax operating profits of $4.57 billion. This year is proving just as lucrative, with the bank’s operating profit for the first six months hitting $2.84
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