Standard Chartered bank CEO to depart
The chief executive of Asia-focused bank Standard Chartered will step down in June, the company said Thursday, following poor results, job cuts and fines for failing to detect possible money-laundering./ "Peter Sands will stand down from the board and as group chief executive in June 2015," the British bank said in a statement, adding that he would be replaced by JPMorgan investment bank's former co-CEO Bill Winters. The emerging markets lender added that chairman John Peace will also leave during the course of next year, allowing time for ...
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