Standard Chartered Plc announced plans on Tuesday to raise USD 5.1 billion in new capital via a rights issue and posted a third-quarter operating loss of USD 139 million due to growing regulatory costs and rising loan impairments in India.
The loss for the July-September quarter compares with a USD 1.5 billion profit in the same period a year ago.
Standard Chartered (StanChart) formally reports earnings every half-year, but since 2013 began giving more details of quarterly progress in its 'interim management statement'.
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