Standard Chartered Hong Kong: Profit before tax of US$1.61 billion increased 13.22% year-on-year in the first half of 2026. Strong wealth management and retail banking business

The Zhitong Finance App learned that Standard Chartered Group (02888) announced that for the first half of 2026 (up to the end of June), Hong Kong's operating revenue was US$3.0 billion, up 6.99% year on year, and profit before tax was US$1.61 billion, up 13.22% year on year. This is the fourth year in a row that Hong Kong's revenue and profit reached record highs for the first half of the year. Among them, wealth management and retail banking businesses are bright, and the year-on-year growth rate of wealthy clients' business revenue accelerated to 28%; while in corporate and investment banking businesses, cross-border business revenue increased 16%.

Mary Huen (Mary Huen), CEO of Standard Chartered Hong Kong and Greater China and North Asia, said in an interview that Standard Chartered Hong Kong currently has 7 wealth management centers, still maintaining the goal of adding a new financial management center a year, and is also continuing to hire additional front-line account managers. In addition to wealth management, additional talents have also been hired in the digital asset business, and some positions, such as bank tellers, have been greatly reduced, because customers use more digital services, maintaining an overall workforce of about 6,000 people.

She pointed out that in recent years, Standard Chartered Hong Kong has continued to hire additional employees in key business areas, including account managers, international bankers, and digital asset talents with knowledge of the corridor business; at the same time, it will retrain employees as much as possible, including training on artificial intelligence (AI) knowledge, to improve employees' work efficiency.