Standard Chartered closes landmark equity offering.

Lead manager Goldman Sachs was able to successfully price a 30.4 million share offering for Standard Chartered last Friday, balancing the slim discount permitted under UK guidelines with a 15% run up in the bank's share price since the onset of pre-marketing two weeks earlier. More importantly for Standard Chartered, completion of the deal sees the bank achieve a long cherished and once postponed goal of listing in Hong Kong and bringing Asian institutional investors to its stock for the first time.