Standard Chartered Warns on Coronavirus’s Impact on Growth
7 days ago by wsj.com
Asia-focused lender Standard Chartered said the coronavirus epidemic would slow its profit growth this year, adding to the headwinds it faces from social unrest in Hong Kong and the aftermath of the trade war. read more...
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Standard Chartered posted a substantial rise in pre-tax profit for 2019 on Thursday, but the Asia-focused bank warned that the spread of the coronavirus would likely slow progress toward one of its key earnings targets.
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Standard Chartered Warns on Coronavirus’s Impact on Growth
Asia-focused lender Standard Chartered said the coronavirus epidemic would slow its profit growth this year, adding to the headwinds it faces from social unrest in Hong Kong and the aftermath of the trade war.
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