URGENT ¥¥¥ Standard Chartered says 2012 net profit flat at $4.79 bn

Standard Chartered on Tuesday posted net profit of US$4.79 billion for 2012 after the British lender was hit with a multi-million-dollar fine over a US sanctions probe.

The figure compared to a $4.75 billion net profit in 2011, the lender said in a filing to the Hong Kong stock exchange. Operating income rose eight percent to $19.07 billion.