Standard Chartered CEO and CFO Interviewed on Half-Year 2012 Results

Aug 01, 2012, 00:40 ET from Standard Chartered PLC

LONDON, August 1, 2012 /PRNewswire/ --

Standard Chartered increased income and profits by 9% in what CEO Peter Sands described as a strong set of results against a challenging time for banking. "The industry appears to be continuing to encounter challenges and problems, many of them self-inflicted," he said in a video interview.

The Bank missed its own digit growth target in the first half but CFO Richard Meddings confidently predicted they would get there by the full year. "We can produce double-digit income growth and certainly we're currently tracking to that," he said.

The interviews and transcripts are available now on

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SOURCE Standard Chartered PLC