Standard Chartered announced a US$5.1 billion rights issue in November after more than a year of speculation on the bank’s capital levels. Photo: Reuters

Standard Chartered gets stress test pass from Bank of England

Despite its capital level falling below the minimum requirement, bank’s US$5.1 billion rights issue prevented the need to draw up a new capital plan

Topic |   Banking & Finance

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Standard Chartered announced a US$5.1 billion rights issue in November after more than a year of speculation on the bank’s capital levels. Photo: Reuters
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