Standard Chartered Remains an Eye Sore for Temasek

Posted on 01/25/2019

Singapore’s sovereign wealth fund, Temasek Holdings, is reportedly growing frustrated with Standard Chartered’s turnaround plan. Temasek is the largest single shareholder, with 16 % of shares outstanding. Standard Chartered’s CEO, Bill Winters, is not instilling confidence in the state fund, especially since the stock of Standard Chartered has dropped nearly 40% since the turnaround was […]