Standard Chartered shares hit ten-year high ahead of results

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Standard Chartered shares hit ten-year high ahead of results

Shares in Standard Chartered climbed to a ten-year high as the bank geared up to post its annual results on Friday.  City analysts have pencilled in a full-year profit before tax of $6.2bn (£4.9bn), with the bank expected to pocket $983m (£780m) in the fourth quarter, down on the $1.1bn (£872m) posted in the fourth quarter of 2023. The FTSE 100 lender’s stock has climbed over 90 per cent in the last year, bolstered by a record performance in its…