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Analysts believe DBS may come in for StanChart

On the back of two years of poor equity performance, which saw Standard Chartered Bank’s (StanChart) share price more than halved, analysts believe a “white knight” could emerge to acquire the British lender should conditions continue to deteriorate. DBS Bank, they add, may be the one. “The bank’s road to recovery will likely be a challenging multi-year journey,” said CLSA analysts…

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