PolyU Library
Journal Call no.AP8.W56
AuthorHolcombe, Cathy.
Article TitleWedding bells ring for Standard Chartered : goodwill asks for hand in merger / Cathy Holcombe.
Is Part OfWindow ; v.4, no.49, 15 Dec 1995, p.53, illus.
AbstractStandard Chartered Asia had made known its broking unit was up for sale in the spring, around the time its nine-month suspension from initial public offering activities was lifted. But one can imagine its ultimate parent company, the London-based bank Standard Chartered, has been hoping to marry off its misbehaving subsidiary ever since a series of rat-trading and underwriting scams was uncovered in 1994 (the events which led the Securities and Futures Commission to suspend its underwriting operations.)