What if…Temasek merged DBS and StanChart?

Standard Chartered has announced bad results and major staff cuts. Its largest shareholder Temasek must wonder whether it would do better merging with DBS, a stronger performer.

What if…Temasek merged DBS and StanChart?

Temasek cannot be the happy with Standard Chartered right now. The Singapore state investment company, which has been StanChart’s largest shareholder since 2006, has watched the UK bank’s share price tumble over the past five years.

At the beginning of 2011 StanChart’s shares stood at 17.26 on November 5 this year they closed at 6.27, after the bank announced yet more disappointing results and suffered a credit rating drop. Overall, its shares have...

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