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Standard Chartered Rights Issue...............

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Gordon Gekko		#51 Posted : Tuesday, July 27, 2010 10:07:46 PM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		Suspect they will seriously consider a split at some point. I think its one of the the major banks that hasnt done so.
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Horton		#52 Posted : Tuesday, July 27, 2010 11:21:33 PM
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi		youcan'tstopusnow wrote: Has stanchart had the same c.e.o during that period? NOPE...RICHARD ETEMESI HAS BEEN WITH THE BANK FOR JUST ABOUT 2-3YEARS. They have this brilliant strategy where they go to the big companies(EG KQ) and give the employees loans at 15% unsecured and payment is done thru the checkoff...this is just about normal interest rates but repayment is virtually guaranteed ,
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