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Stock Market & Financial Investment News

News Breaks
January 14, 2014
08:16 EDTSCBFFStandard Chartered shakes up Asian management, WSJ reports
Standard Chartered continues to make management changes, this time it's with its Asian leadership, reports the Wall Street Journal. Ajay Chamanlal Kanwal will become the bank's new country head for South Korea in late March, replacing Richard Hill, sources say. Kanwal is currently Standard Chartered's country head for Taiwan. Hill will lead Bank Permata, the Indonesian affiliate of Standard Chartered, sources add.Reference Link
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July 24, 2014
06:14 EDTSCBFFStandard Chartered board dismisses succession plan rumors
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06:13 EDTSCBFFStandard Chartered chairman weighing CEO succession plan, FT reports
Standard Chartered Chairman John Peace has been urged to conduct an internal and external search for a CEO to replace current CEO Peter Sands, the Financial Times reports. Once a new CEO has been named, Peace may also resign, the sources say. Reference Link

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