HoHoHo: Time for StanChart’s CEO to go?
Another one for the repair shop is UK-listed Standard Chartered. After damaging revelations about the bank breaching US-led sanctions against doing business with Iran, it had already paid a $667m fine to avoid criminal charges in 2012. This week another $1.5bn in fines from US authorities was highlighted after allegations that...
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...
Eight observation points on opening statement by SC Chelva Retnam (Part 2 of 8)
2. THE HOUGANG EXPERIENCE The party-political competitive context of town council work was recognised by MND in its review of the AIM deal, but it was probably theoretical for the MND officials. So it was for the newly-victorious WP MP-elects of Aljunied GRC and Hougang SMC on 7 May 2011.But not for Low Thia Khiang. He had a...
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