Standard Chartered has announced a 27% increase in annual profit due to growth in its main markets of Asia, Africa and the Middle East. Pre-tax profits were $4.04 billion (£2.05 billion) in 2007, up from $3.2 billion compared with 2006. The international bank, which earns 75% of its profit in Asia, increased its write-downs on [...]
More: Standard Chartered profits boosted by overseas markets