Q1 2022 Standard Chartered PLC Earnings Call Transcript
Welcome to the Standard Chartered PLC's First Quarter 2022 Results. Today's presentation is being hosted by Bill Winters, Group Chief Executive; and Andy Halford, Group Chief Financial Officer. (Operator Instructions)
At this point, I would like to hand over to Bill to begin.
Good morning and good afternoon, everybody, and thanks very much for joining us for today's first quarter results presentation. So I'm going to make a few introductory comments, and then Andy will talk through the results in some detail. We'll then both be back for Q&A as usual.
We posted a really strong set of results for the first quarter in what's been a very volatile and challenging environment. Our profit before tax grew 5% year-on-year with strong business momentum driving top line growth of 9% with record Financial Markets performance and double-digit growth in net interest income, along with an 11.1% return on tangible equity.
During this period, we actively
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