Standard Chartered’s share price has fallen by 30% this year amid three profit warnings in the past 12 months, and the chief executive’s three-day investor trip in Asia this week comes at the most difficult period in his eight years in charge of the bank.
Shareholders have privately questioned the future of senior management, but Mr Sands said his position and that of chairman John Peace “was not a focus of discussion” during meetings.
'I am committed to being at the bank and executing the operation', he said. 'I’ve come out of these last few days thinking we’ve had very good discussions with shareholders'.
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