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StanChart Singapore operating profit down 7% in 2013

Thursday, March 6, 2014 - 06:00

STANDARD Chartered Bank in Singapore said yesterday that its full-year operating profit for 2013 fell 7 per cent from a year ago, on the back of margin compression and regulatory pressure. Operating profit on a pre-tax basis for the 12 months ended Dec 31, 2013, was US$896 million, down from US$

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