Standard Chartered Bank reports record profits
standard chartered bank
Standard Chartered has reported record profits and strongly condemned proposals to regulate banks.
Pre-tax profits in 2009 were $5.15bn (£3.4bn), up 13% from 2008, while revenue increased by 9% to $15.18bn.
The bank – which is based in the UK but makes most of its profits in Asia – said it was in the “interests [...]

