Case Study Consumer Research Inc

SUMMARY PRESS RELEASE FOR IMMEDIATE RELEASE Standard Chartered operational profit rises 13% to $4.57 bn, income 26% to $13.97 bn in 2008 Wholesale Banking delivers other outstanding military operation; separate customer deposits jump 31% March 3, LONDON: Standard Chartered PLC today inform another exceptional performance for 2008 with income rising 26 per penny to US$13.97 billion and in operation(p) profit before tax revenue (OPBT) 13 per cent to $4.57 billion, in what was a difficult operating environment particularly in the second half. Almost 80 per cent of the income growth came from organic businesses. The graduation exercise half of 2008 precept strong economic growth across signalise markets drive by strong regional trade flows but performance in the second half was dampened as the financial crisis began to pay back an impact on the real economy across the world. The Group managed to significantly build on its reputation as a flight to quality institution with customer deposits rising 31 per cent during 2008, most of it coming in the last fundament as confidence in financial institutions declined. Enhanced liquid and an even stronger balance sheet, following Standard Chartereds successful rights issue in December, places the Group in a strong position to support clients and capture market share.

motherfucker Sands, Group Chief Executive, Standard Chartered, said: We remain consecrate for business and are supporting our clients as they navigate this turmoil. We wishing to seize the opportunities arising from this turbulence. We have a clear and consistent strategy, and impact to invest for growth. Most of Standard Chartereds key geographies delivered strong performance with seven of the nine geographic regions written text income of over $1 billion in 2008. Singapore truism OPBT rise 67 per cent, India by 37 per cent, Middle eastmost and Other South Asia (MESA) by 25 per cent, Korea by 10 per cent and Africa by five per cent. Despite an excellent first half, Hong Kong reported OPBT decline of 15 per cent as the... If you indispensableness to get a full essay, order it on our website: Orderessay

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