BOE stress tests crucial for StanChart

London

FOR Bill Winters, things could go from bad to worse.

The Standard Chartered plc chief executive officer has tapped investors for US$5.1 billion, scrapped dividends and shed toxic assets since joining the bank in June. On Dec 1, investors will find out if the London-based lender has done enough to weather the latest round of stress tests, based on end-2014 data, as regulators step up scrutiny on exposure to emerging markets.