December 6, 2012 / 9:06 AM / 5 years ago

Standard Chartered sees 2013 UK bank tax jump to $330 million

LONDON (Reuters) - Standard Chartered said it could have to pay up to $330 million under a British bank levy next year, some $60 million more than it had expected after Britain this week lifted the charge.

Standard Chartered paid $165 million under the bank levy in 2011 and expected that to rise to $210 million this year.

It had expected to pay $260-270 million in 2013, but now expects the charge to hit $320-330 million, finance director Richard Meddings told analysts on a call on Thursday.

Meddings said he expected the bank to add more than 2,000 jobs this year. He was speaking after the bank released a trading update.

Reporting by Steve Slater; Editing by Dan Lalor

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below