StanChart Socked With $292 Mln ABS Write-Down

27 Jun 2008

Standard Chartered has been socked with a $292 million write-down in its asset-backed securities portfolio. The loss will result in the London-based lender booking a $108 million charge in the first half. Notwithstanding the down news, StanChart says the picture is looking up in some sectors. “”We see ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Oops, something went wrong

We're sorry but at the moment we can't load this data