Standard Chartered’s first-quarter profit rises 13%, beats forecasts on wealth growth

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Standard Chartered first-quarter profit beats expectations, as bank puts more focus on wealth management business.

Standard Chartered CEO Bill Winters during an interview with SCMP on March 17, 2025.“The subsequent imposition of trade tariffs has increased global economic and geopolitical complexity, and we remain watchful of the external environment,” he said.“But our ability to help clients manage their business and wealth across borders in times of volatility reinforces our confidence that we can continue to improve returns.

Analysts, according to a consensus estimate from Bloomberg, expected a first-quarter profit of US$1.12 billion.

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Article Details

Author / Journalist: Enoch Yiu

Category: Business

Markets: Hong Kong

Topics: Wealth Standard First-quarter Rose Global Us$1 Bank Cent Profit 2025 Billion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 12:18:29 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 225 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28315930

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