Monday, November 28, 2016

RPT-UPDATE 2-StanChart to cut 10 pct of corporate, institutional banking staff - sources

SINGAPORE/HONG KONG, Nov 28 (Reuters) - Standard Chartered

is set to cut about a tenth of its global corporate and

institutional banking headcount, sources with direct knowledge

of the matter said on Monday, as the bank steps up an aggressive

drive to cut costs.

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