Standard Chartered reported a rise in first-half profits and said it was resuming dividends against an improving economic backdrop.
The bank made pre-tax profits of $1.15bn in the second quarter, up 55% year on year and beating consensus analyst estimates of $1.1bn. For the first half of the year, Standard Chartered reported pre-tax profits of $2.56bn, a 57% jump from the same period in 2020.
It also announced a $250m share buyback and said it would pay an interim dividend of 3 cents per share.
