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StanChart to cut 10% of corporate, institutional banking staff: sources

Tuesday, November 29, 2016 - 05:50
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Standard Chartered is set to cut about a 10th of its global corporate and institutional banking headcount, sources with direct knowledge of the matter said on Monday, as the bank steps up an aggressive drive to cut costs.

Singapore

STANDARD Chartered is set to cut about a 10th of its global corporate and institutional banking headcount, sources with direct knowledge of the matter said on Monday, as the bank steps up an aggressive drive to cut costs.

Standard Chartered chief executive Bill Winters

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