Investment Banking

Standard Chartered considers splitting corporate, investment bank

Major unit could be broken up

No decisions have yet been made on job cuts, according to reports
No decisions have yet been made on job cuts, according to reports Photo: Suhaimi Abdullah/Getty Images

Standard Chartered is considering splitting up its corporate, commercial and institutional banking segment, Bloomberg reports, citing unnamed sources.

A restructuring of the unit could lead to separating the operations of its investment bank from those of its corporate and commercial bank, according to Bloomberg.

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