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Rapid growth at Standard Chartered’s “gem” of a wealth management business boosted quarterly profits at the emerging markets-focused bank and prompted it to lift its target for investor returns by $3 billion. Shares in the FTSE 100 lender climbed 36¼p,…
Output in the private sector fell by more than expected last month, declining to the slowest pace in three months. A measure of business activity, known as the purchasing managers’ index, dipped from 53.8 to 52.6 in September, lower than…