StanChart stands out

StanChart’s conservative management continues to pay off

The British bank announces a 9% rise in profits as it navigates a safe course through the global slowdown and costly scandals that have caught out global rivals.
Peter Sands, StanChart's chief executive
Peter Sands, StanChart's chief executive

Standard Chartered posted record first-half profits for the 10th consecutive year yesterday as its conservative strategy and emerging-market focus continue to protect it from the ravages its European rivals are suffering.

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