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Standard Chartered is considering restructuring its institutional banking arm, the unit that houses the firm’s investment bankers and traders, as part of the latest effort by chief executive officer Bill Winters to improve the lender’s returns.
The lender has been weighing options including separating its investment bank from its corporate and commercial banking operations, according to people familiar with the matter.
Standard Chartered is in the early stages of a search for its next chair as the emerging markets-focused bank prepares for the departure of Jose Vinals, who’s entering his eighth year in the role
The London-based bank is collaborating with external recruiters to identify potential candidates for Vinals' replacement, , standard chartered, chairman, Jose Vinals