You are here

Standard Chartered CEO cracking down on 'above the law' bankers

Mr Winters, who arrived a year ago, has had to tap investors for US$5.1 billion, while planning 15,000 job cuts.


BILL Winters found more than just bad loans when he took over Standard Chartered Plc. He says he uncovered a culture where a few senior managers flouted ethics rules for personal gain and considered themselves "above the law". The lender is cracking down after "recent...

Market voices on: