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BRIEF-StanChart sees flat expenses in 2017; regulatory cost to rise
November 1, 2017 / 9:22 AM / 22 days ago

BRIEF-StanChart sees flat expenses in 2017; regulatory cost to rise

Nov 1 (Reuters) - Standard Chartered Group Chief Financial Officer Andy Halford says --

* sees slight increase in regulatory costs this year, overall costs will be flat compared to last year

* hopeful the bank is close to peaking of regulatory costs

* investing more in retail banking, upgrading wealth management platform

* expect lower level of impairment level going forward Further company coverage: (Reporting by Sumeet Chatterjee)

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