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Standard Chartered fields regulator queries after CEO’s ‘lower-value human capital’ remark

Regulators in Hong Kong and Singapore sought clarity from Standard Chartered Plc following Chief Executive Officer Bill Winters’ unscripted “lower-value human capital” remarks, as the Asia-focused lender moves to contain fallout from the episode. The topic came up in discussions with the Monetary Authority of Singapore on Wednesday, while the Hong Kong Monetary Authority asked … Read more

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