Companies as diverse as the household goods group Reckitt Benckiser, Standard Chartered bank and the advertising giant WPP could be the next to face showdowns over pay as investors prepare to vote at forthcoming annual meetings.
With a banking heritage spanning more than 150 years, Standard Chartered has developed extensive global reach and a strong position in emerging markets and new trade corridors.
Standard Chartered CEO Bill Winters expects erratic swings in global markets to continue for at least the rest of this year, complicating his efforts to reinvigorate earnings and restore the lender’s dividend.
Standard Chartered's share price climbed this morning as the beleagured bank revealed green shoots in its turnaround plan.
Standard Chartered is seeking to sell at least $4.4bn of assets in Asia, people with knowledge of the matter said, as the bank pares its balance sheet after booking record impairments.
Standard Chartered, struggling to recoup a $1bn loan extended to one of Indonesia's richest men, has hit fresh trouble after a Jakarta court excluded it from a key creditor list and raised doubts over the validity of the underlying deal.
Standard Chartered is closing its office in Geneva, the global center of the commodity-trading industry, in Chief Executive Officer Bill Winters’s latest move to slash the lender’s exposure to the oil, gas and agricultural industries.
Standard Chartered is demanding more loan protection from clients in the Indian and Belgian diamond trade as the bank seeks to tighten standards, according to people with knowledge of the new policy.
Standard Chartered, which suffered its first annual loss since 1989 last year, has offered to repurchase as much as $2bn of bonds.
Standard Chartered is at risk of having its rating cut by Standard & Poor's, it was revealed today.
Bonus test case ?
Standard Chartered's chief executive has attacked the "cancer" of weak controls at the bank, which he says is the reason for misconduct among senior staff.
Arun Murthy, Standard Chartered's global head of commodities, is retiring after eight years with the bank.
Some big companies have begun signing deals with Tehran since the U.S. and other global powers lifted long-running sanctions against the Middle Eastern country, but banks are very nervous after being burned in the past.