HoHoHo: StanChart’s CEO is worse than our paper generals

Singaporeans have few good things to say about our paper generals and scholars: think SPH’s CEO and ex-SMRT’s CEO.

Well StanChart’s CEO, a true blue ang moh life long banker, makes these guys look good.

When Bill Winters became the Messiah CEO of StanChart in June 2015, the bank’s shares were around £10. Now they are around £6. He was brought in because the previous CEO had run the bank into the ground. The bank overextended, trying to take advantage of other banks’ problems. Unlike them it had a great time during the financial crisis.

Well Winters failed. The shares have dropped about 37%, while Bloomberg’s global banking index has gained 47%.

Ho Ho Ho.

 

Cynical Investor

Cynical Investor blogs at Thoughts of a Cynical Investor.

 

 

Sponsored Content

9 Responses to “HoHoHo: StanChart’s CEO is worse than our paper generals”

  • Bobo:

    What is their relationship between CEO of bank, CEO of SMRT and CEO of SPH, CEO of gov linked company? Is Standard chartered link to DBS, POSB, OCBC? Please give full picture and detailed information. Don’t be selective please. What is CI’s intention and motives? Was it comparing the worst CEO in Singapore or comparing the most well paid CEO, but in fact are good for nothing?

    GD Star Rating
    loading...
  • Bapak:

    Precisely same for Pinky took over from the Evil One. Thanks for the reminder.

    GD Star Rating
    loading...
  • pap PA paid IBs like ci:

    these folks are worse than rejects from 3rd world slums.

    they do anything for cents per post.

    GD Star Rating
    loading...
  • LIONS:

    well,his name is WINTERS,not too auspicious,ya?

    maybe the BOD wanna replace him him with someone called SPRING???

    GD Star Rating
    loading...
  • Irene Vanessa Wan Carpenter:

    Some people just shouldn’t run businesses.

    GD Star Rating
    loading...
  • patriot of Temesak:

    Minister’s should be paid according to Corporate CEO…so what is WRONG for Corporate CEO’s to perform similarly to Ministers if not WORSE???

    Ministers get transferred and hold high profile jobs in Govt owned entities…

    Corp CEOs get fired…so why not go with a Big Bang if NOT caught???

    GD Star Rating
    loading...
  • rukidding:

    Ya, thanks to Holy Jinx !

    GD Star Rating
    loading...
  • Not interested!:

    Irrelevant and not interested!!

    GD Star Rating
    loading...
  • Zorro:

    He is general material. Too bad he didn’t join our army.

    GD Star Rating
    loading...
Member Services
Self-SupportMembers Login
Sponsored Advertisement

Search On TR Emeritus
Sponsored Advertisement



Most Recent Comments
  • Bapak: It is a matter of time they will know this land is run by devils, kena tipu by them. Time will come the new...
  • Will PC Ong rebut?: They who pay themselves the highest salaries in the world are incapable of achieving a fraction...
  • Will PC Ong rebut?: They told me they regretted moving here, especially the one from Hong Kong. He said he already...
  • opposition dude: How many of these new citizens kena jialat jialat? Not enough of them I bet. Their own fault for...
  • Little minds in tight spaces: Josephine must realize when she talks about OECD “pension funds” it is not...
  • rukidding: Heh, heh,…I bet PAPpy will “keep secret” where ah Heng and Kee Chui will b contesting !....
  • rukidding: I think our former PAP Inderjit Singh would be a good candidate to join Dr Tan ! But the best...
  • NotMyProblem: Bobo: Do the new converted SGcitizens (regardless of no. of years here) know the games our current PAP...
  • NotMyProblem: MarBowling: “…….. When the maybe half empty or half full vault doesn’t tally, sure...
  • 【理•恨•龍】Lee Hoon Leong: - continuing from above - 2. Taking Away No, not quite your tahpau•打包 takeaways. But close...
  • oxygen: @ Fed up DISCERNING PUBLIC MINDS – unfortunately only a minority – have long known that...
Announcements
Advertisement
Visitors Statistic
Latest Statistic
Advertisements