StanChart CFO Says Firm Brought Forward Some Spending in First Half

The transcript discusses the financial performance of a business, highlighting a 6% growth in top line and 34% in bottom line. It emphasizes the importance of technology investment, which has doubled over three years, improving client onboarding times. The company aims for an 8% return on equity in the medium term and is managing bad loan risks effectively. Capital management strategies include dividend distribution, and the impact of trade wars is considered limited. The restructuring of Asian hubs aligns legal and managerial structures, while efforts continue to comply with US sanctions.

How does the company plan to reassure investors about cost control?

What is the outlook for impairment charges in the upcoming period?

What steps are being taken to address the US sanctions issue?