Standard Chartered Had a 'Very Good' Quarter, CFO Says

The video discusses the company's quarterly performance, highlighting an 8% top line and 16% bottom line growth. It outlines strategies to achieve a 10% return on tangible equity by 2021, focusing on revenue growth and cost management. The discussion also covers the impact of interest rate changes on the business and the importance of adapting to economic shifts.

What was the company's top-line growth in the recent quarter?

• 5%

• 12%

• 10%

• 8%

What is the company's target for return on tangible equity by 2021?

• 10%

• 9%

• 8%

• 11%

Which factors are mentioned as challenges to achieving the profitability target?

• High inflation

• Interest rates and geopolitical tensions

• Labor shortages

• Supply chain disruptions

How does the company plan to manage costs while investing for future growth?

• By focusing solely on cost-cutting

• By balancing cost-cutting with reinvestment

• By increasing costs above inflation

• By reducing all investments

What is the company's approach to dealing with changes in interest rates?

• Reduce client base

• Ignore them

• Increase borrowing

• Adapt and accommodate changes