Standard Chartered top bankers to receive biggest bonuses since financial crisis

Emerging markets-focused bank records strong performance with profits up by 28%

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Standard Chartered bankers will receive their biggest bonuses since the financial crisis, after rising global interest rates pushed the lender’s profits up 28%.

The London-headquartered but emerging markets-focused bank said it had increased staff bonuses by 16% to a total of $1.6bn (£1.3bn) in light of the fact that the bank had performed strongly, even amid “ongoing external challenges”, including the war in Ukraine.