Asia's most powerful business women lead the way to overcome challenges during the pandemic. Three prominent names from Singapore make the list. Find out who.
The bank said the economic recovery from the pandemic 'has continued to be uneven and punctuated by supply-chain disruption'.
Standard Chartered forecast flat income for the full year amid "uneven" economic recovery from the pandemic, even as it turned in a stronger-than-expected quarterly pre-tax profit, sending its shares lower on Tuesday. CEO Bill Winters, who has won plaudits from investors for repairing the balance sheet and slashing thousands of jobs since taking the top job in 2015, has been under pressure in recent years to boost growth and shore up the bank's shares. Under the former JPMorgan banker, the Asia-focussed StanChart has built a portfolio of digital banking platforms and invested heavily in technology, but its shares have still underperformed its peers.