BOE stress tests crucial for StanChart

Half of the bank's market value has been eroded in 2 years


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.

"The nightmare scenario would be if they fail and analysis indicates...

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