Standard Chartered net jumps, but fears persist

Article Abstract:

British banking interest Standard Chartered PLC is expanding to increase its market share. Net income for 2004 rose 44 percent to $1.48 billion but were undermined by concerns of a 60 percent decrease in provisions for bad debts, a one time plus that did not create sustainable business advancement.

Comment:

British banking interest Standard Chartered PLC is expanding to increase its market share.

Commodity & service prices, Market share, Securities issued, listed, Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Industry Overview, Prices and rates, Securities industry, Securities, Company Profile, Company securities, Company market share, Company pricing policy

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Standard Chartered net rises 14%

Article Abstract:

Standard Chartered PLC of the United Kingdom posted a first half net profit increase by 14 percent to $1.09 billion from $956 million last year. The banking giant has ceased to pursue a merger with LG Card Co. of South Korea and is looking at Pakistan for possible mergers.

Management dynamics, Management, Company business management, Company overview

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Standard Chartered earnings rose 17% in half

Article Abstract:

Standard Chartered PLC posted a rise of 17% in its earnings for the 2003 first half. The bank posted 652.9 million euros in pretax profits for the period.

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