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Annual Results

Standard Chartered posts statutory FY pretax profit

24 February 2017 08:43

Standard Chartered (STAN) posted a statutory FY pretax profit of $409m, from a loss of $1.5bn, after cleaning up its balance sheet and fortifying its capital position.

There was no dividend. There was a loan impairment of $2.4bn and restructuring charges of $855m.

MORE TO FOLLOW.

At 8:43am: (LON:STAN) Standard Chartered PLC share price was -6.4p at 744.6p

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