Bill Winters

CEO of Standard Chartered

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Photo: World Economic Forum, CC BY 3.0 (Wikimedia Commons, cropped)

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Jul 29
Standard Chartered H1 profit up 9% to $4.78bn, beats forecasts; $1bn buyback and 8,000 job cuts in AI push
Standard Chartered reported first-half profit of $4.78 billion, up 9% and ahead of analyst estimates, and unveiled a $1 billion share buyback alongside plans to cut 8,000 back-office jobs as it accelerates a shift toward AI and automation.