StanChart in biggest fall since Oct, after HSBC's lacklustre results

London

STANDARD Chartered fell the most since October after HSBC Holdings plc posted weaker-than-expected full-year profit. Both UK-based banks make most of their earnings from Asia.

Standard Chartered slipped as much as 5.6 per cent in London trading, the biggest intraday drop since Oct 28, after HSBC reported lower-than-estimated fourth-quarter profit. HSBC shares slumped the most since 2011.