Standard Chartered Loses PT Bank to Farallon Capital

Standard Chartered, one of the two leading custodian banks in Asia, has failed in its bid for a controlling stake in the Indonesian bank PT Bank Central Asia. Instead, the 51 per cent stake sold by the Indonesian government has

By None

Standard Chartered, one of the two leading custodian banks in Asia, has failed in its bid for a controlling stake in the Indonesian bank PT Bank Central Asia. Instead, the 51 per cent stake sold by the Indonesian government has gone to San Francisco-based Farallon Capital.

«