Standard Chartered Plans to Hire After Record 2011 Profit
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Standard Chartered Plc, the U.K.’s second-largest bank by market value, said it plans to hire as many as 2,600 employees after posting its eighth annual record earnings on growth in corporate and consumer banking.
Net income rose to $4.85 billion in 2011 from $4.33 billion a year earlier, the London-based bank said today in a statement. That compared with the $4.75 billion median estimate of 26 analysts surveyed by Bloomberg.