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Analysis & opinionSeptember 1 2004

Standard Chartered’s Asian vision

With a 52% increase in first half profits, Standard Chartered could hardly have done better. But on the acquisition front, it seems to have gone sideways, selling a 9.76% stake in South Korea’s KorAm and watching HSBC beat it for a stake in China’s Bank of Communications (BoCom). Group CEO Mervyn Davies explains the bank’s strategy to Brian Caplen.

by Brian Caplen

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