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flag Standard Chartered reports a robust 18% profit increase, plans major investments, and raises CEO's pay.

flag Standard Chartered reported a strong 18% increase in annual profit to $6 billion, driven by growth in its wealth and markets business. flag The bank announced a $1.5 billion share buyback and plans to invest $1.5 billion over five years to boost income growth. flag 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. flag Despite global economic uncertainties, the bank anticipates continued growth, particularly in its Asian markets.

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