Is StanChart's $5.1bn cash call enough | Lex
- 5 years ago
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Lex on what the Standard Chartered rights issue is for
It’s kitchen sink time for StanChart. Along with its first
quarterly loss since the financial crisis, the UK-listed Asian bank announced a $5.1bn rights issue. Lex's Alan Livsey and Richard Stovin-Bradford discuss the
cash call and ask if it’s enough.
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
Lex on what the Standard Chartered rights issue is for
It’s kitchen sink time for StanChart. Along with its first
quarterly loss since the financial crisis, the UK-listed Asian bank announced a $5.1bn rights issue. Lex's Alan Livsey and Richard Stovin-Bradford discuss the
cash call and ask if it’s enough.
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes