HONG KONG, April 26 (Reuters) - Standard Chartered PLC
(StanChart) on Wednesday said first-quarter pretax
profit rose 21%, beating analyst estimates, as rising interest
rates and increased trading in volatile markets boosted income
at the emerging markets-focused lender.
StanChart, which earns most of its revenue in Asia, said
statutory pretax profit for January-March reached $1.81 billion.
That compared with $1.49 billion a year earlier and the $1.43
billion average of 14 analyst estimates compiled by the bank.
(Reporting by Selena Li; Editing by Muralikumar Anantharaman)
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