Standard Chartered reports first-quarter profit of $2.103B, exceeding expectations by 13%.

Standard Chartered reported a robust first-quarter profit of $2.103 billion, surpassing expectations by 13%. The growth was fueled by strong performances in wealth management, global markets, and global banking. Despite global economic and geopolitical uncertainties, CEO Bill Winters expressed confidence in the bank's resilience and ability to improve returns. The bank's shares rose 1% on the news.