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Standard Chartered swings to profit in fourth quarter
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Standard Chartered said 17 February that it swung to a profit in the fourth quarter, thanks to higher income from its financial-markets business and better cost efficiency.
The Asia-focused bank posted underlying pretax profit of $139m, compared with a loss of $192m in the same period in 2020, one of its worst quarters since the coronavirus pandemic started.
Fourth-quarter...
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