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…
Analysts believe DBS may come in for StanChart
18 December 2015
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