The bank "Standard Chartered" announced a record profit of 1.05 billion dollars from tax payments for the three months to December, exceeding estimates by analysts collected by Bloomberg, which amounted to 1.02 billion dollars. As reported by "Standard Chartered," they returned a total of 1.5 billion dollars to shareholders, announcing profits for the fourth quarter that exceeded projections.
Furthermore, the bank, headquartered in London, announced a new program for shareholder buyback, which will increase total payouts to shareholders to 4.9 billion dollars since 2023, as stated in a release published on Friday. The bank's Chief Executive Officer Bill Winters stated: "Our strategy is based on combining unique client opportunities across borders within the framework of international standards to serve our clients’ global needs."
