There was a whiff of nostalgia about the unveiling, on February 26th, of the full-year results of Standard Chartered. Here was a bank that had not forgotten how to make money: revenue bounced by 28% last year, to $11.1 billion; earnings jumped by a similar amount, to just over $4 billion. Here too were shareholders with reasons to celebrate: the bank's share price has risen by 13% over the past 12 months. It could almost have been 2006.
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