LONDON: Standard Chartered notched up a 10th successive record year as profits rose 1 percent in 2012, just below expectations after a big fine for breaking sanctions on Iran countered strong growth in its core Asian markets.
London-listed Standard Chartered on Tuesday reported a pretax profit of $6.9 billion for 2012, up from $6.8 billion in 2011 but short of the average analyst forecast of $7 billion.
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