Investment Banking

Standard Chartered set to raise fresh funds

Standard Chartered is planning to raise $1bn from the debt market and use the proceeds to strengthen its regulatory capital base and meet general business needs.

The bank plans to issue fixed-rate resetting perpetual subordinated contingent convertible securities, Standard Chartered said on 18 June.

WSJ Logo
110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink