Could Temasek’s tinkering put Standard Chartered in play? The Singaporean fund’s recent reshuffle of its bank assets has revived talk about its 18 percent stake in the UK-based emerging markets lender. Now might be a good time to find a new owner.
Rival banks have long eyed StanChart. It spans Asia and Africa, but lacks exposure to slow-growing European markets or U.S. subprime mortgages. It’s conservatively run, too: loans were equivalent to just 76 percent of deposits in 2011. Full story
