Standard Chartered to sell retail banking business, says CEO
PREMIUM Business
Rughani said the core reason cited for the sale by the Group is a lack of sufficient scale to meet the bank’s revised global strategy that is prioritising growth in corporate and institutional banking division. (Credit: Ali Twaha)
By NewVision Reporter
Journalists @NewVision
KAMPALA - Standard Chartered Bank plans to sell its wealth and retail operations as part of a strategic shift at the group level, according to Sanjay Rughani, CEO