Regulation, Risk & Compliance
Uncategorized
Wealth and Asset Management
StanChart Bad Loan Momentum Continues
Standard Chartered could face up to $600 million in bad loans after major borrowers faced a series of reported predicaments. Exposure to UAE healthcare chain NMC Health – currently restructuring $6.6 billion of debt – has further hit Standard Chartered’s balance sheet, according to public filings. The bank also faces…
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