Standard Chartered, the Asia-focused bank, is targeting stock market listings in India and Shanghai as it seeks to strengthen its brand in key local markets.
Peter Sands, chief executive, yesterday said that a listing in India could come early next year, while plans for a China listing were less advanced.
“These two markets are incredibly important to us,” said Mr Sands in an interview with the Financial Times as the group released its latest trading update. “We are actively pursuing a listing in India and how we could make it work effectively.”
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