Emerging Markets Pain for the EM Bank - Presented by: The Aol. On Network

It's known as the emerging market bank - but a turbulent 2013 has ended a decade of growth. Standard Chartered's pretax profit was down 7 percent, and it says its income will remain under pressure in the first half of this year. Losses in Korea, weak investment banking income and a slowdown in Asia's growth are largely to blame. The London-listed bank makes 90 percent of its profit in Asia, the Middle East and Africa.



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