Standard Chartered is on course for another record first-half performance as the bank continues to reap the benefits of its exposure to the growing economies of Asia. In an interim management statement on Monday, the bank said profits and revenues for the first five months of 2010 were ahead of the comparable period last year, which was also a record for the bank.

Last year Standard Chartered made its seventh consecutive record full-year profit, and based on the lender’s current performance, senior managers at the bank say an eighth in a row is a possibility. Source

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