Standard Chartered to close equities business worldwide 'with immediate effect'

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Standard Chartered to close equities business worldwide 'with immediate effect'

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08-01-2015, 03:00 PM

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Standard Chartered to close equities business worldwide 'with immediate effect'

An honorable member of the Coffee Shop Has Just Posted the Following:

http://www.channelnewsasia.com/news/...o/1576052.html

A Singapore-based Standard Chartered spokesperson confirmed the bank's decision to exit the institutional cash equities, equity research and Equities Capital Market under a "refreshed strategy" for the British bank which will see about 4,000 staff laid off.

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