Investment Banking

Standard Chartered’s Simon Cooper to leave in investment bank overhaul

The bank is looking to bolster its share price after unveiling $1.5bn cost-cutting plan

Simon Cooper said it was the right time to seek a new challenge
Simon Cooper said it was the right time to seek a new challenge Photo: Dhiraj Singh/Bloomberg via Getty Images

Standard Chartered’s chief executive of corporate, commercial and institutional banking is set to leave the lender as part of a broader overhaul of its investment bank.

Simon Cooper, who has led the division since joining Standard Chartered in 2016, is stepping down to “pursue other interests”, the bank said in a statement announcing a series of changes.

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