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Standard Chartered reports a robust 18% profit increase, plans major investments, and raises CEO's pay.
Standard Chartered reported a strong 18% increase in annual profit to $6 billion, driven by growth in its wealth and markets business.
The bank announced a $1.5 billion share buyback and plans to invest $1.5 billion over five years to boost income growth.
CEO Bill Winters received a significant bonus, amid a 46% increase in his pay package to nearly £10.7 million, reflecting his performance and the bank's success.
Despite global economic uncertainties, the bank anticipates continued growth, particularly in its Asian markets.
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Standard Chartered reporta un robusto aumento del 18% de los beneficios, planea importantes inversiones y aumenta la paga del CEO.