Nomura sells £414m of Standard Chartered after financing deal

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Nomura sells £414m of Standard Chartered after financing deal

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A general view of the Standard Chartered building in the City of London, as more than £6 billion was wiped from the value of Standard Chartered after the banking giant was accused of hiding 250 billion US dollars (£160 billion) of transactions with the Iranian government. | Yui Mok/PA Archive/PA Images

On Thursday night, Nomura launched the sale of a 1.6% stake in Standard Chartered, the UK emerging markets-focused lender, through an accelerated bookbuild led by Barclays.

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