Standard Chartered Smashes Profit Forecast as Wealth Inflows Hit Record

‼️ 🇬🇧 BREAKING: Standard Chartered’s third-quarter pretax profit rose 29% to $2.25 billion, beating the $2.09 billion estimate, as record wealth inflows and strong trading drove a guidance upgrade. The bank now expects income growth above its previous 5%–7% range and 2026 return on tangible equity of about 14%, up from more than 12%. Shares surged.

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