StanChart keeps lid on costs

摘要

Standard chartered eased concerns about its growing cost base as the Anglo-Asian lender booked a 4% increase in revenues during the third quarter while operating expenses flat-lined. StanChart said operating income for the July-September quarter stood at US$3.72bn, versus US$3.59bn during the same period last year. Operating expenses edged up 1% to US$2.51bn.