"Standard Chartered Considers Splitting Corporate and Investment Banking: Consumer Impact?"

1 min read
Source: Bloomberg
"Standard Chartered Considers Splitting Corporate and Investment Banking: Consumer Impact?"
Photo: Bloomberg
TL;DR

Standard Chartered is considering restructuring its institutional banking arm, potentially separating its investment bank from its corporate and commercial banking operations, as part of CEO Bill Winters' efforts to improve the lender's returns, with job cuts being a possible outcome.

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