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StanChart holds Asean dear, but looks for scale

"If Asia doesn't grow, then we have a problem. But I don't think that will happen... I think we are in the right part of the world," said Mr Kanwal.


STANDARD Chartered is taking "strong action" in reducing risk exposures, particularly in the commodities segment, but will not abandon its Asean network and will keep Singapore as its hub for global businesses and for the region, a top executive said on Wednesday.


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