Wednesday, 28 October 2020

Standard Chartered Third-quarter Profit Slumps 40% On Higher Credit Impairment

Standard Chartered said thirdquarter profit slid 40% on higher credit impairment resulting from the coronavirus pandemic and lower interest rates, although a tighter rein on costs helped it beat expectations.

from Top Business News- News18.com https://ift.tt/37OOxxI
via IFTTT

No comments:

Post a Comment

Beyond Borders: The True Origins Of India's Favorite Brands - Colgate, Bata And Maruti

Bata grew into one of the world's leading shoemakers, with an impressive annual sale of 150 million pairs of shoes across more than 70 c...