Tag Archives: StanChart

StanChart in Chaos! Top Boss Jumps Ship, Joins Rival, Shares Plunge

StanChart

Standard Chartered’s shares tumbled last week following sudden exit of Chief Financial Officer Diego De Giorgi. The bank’s London shares fell 4.1% at the market open while its Hong Kong-listed stock dropped as much as 6.4% before paring losses to stand 1.7% lower, underperforming the benchmark Hang Seng index which was up nearly 0.6%. De Giorgi stepped down from the role …

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