Standard Chartered says it has a plan to combat inefficiencies in its businesses after reporting a disappointing quarter. Photo: Bloomberg Standard Chartered says it has a plan to combat inefficiencies in its businesses after reporting a disappointing quarter. Photo: Bloomberg
Standard Chartered says it has a plan to combat inefficiencies in its businesses after reporting a disappointing quarter. Photo: Bloomberg

Standard Chartered hit by flurry of downgrades after profit sinks

Brokerages downgrade the banking giant's stock by up to 24 per cent as impairments and loan deterioration worry investors

Topic |   Standard Chartered Bank
Standard Chartered says it has a plan to combat inefficiencies in its businesses after reporting a disappointing quarter. Photo: Bloomberg Standard Chartered says it has a plan to combat inefficiencies in its businesses after reporting a disappointing quarter. Photo: Bloomberg
Standard Chartered says it has a plan to combat inefficiencies in its businesses after reporting a disappointing quarter. Photo: Bloomberg
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