The Singaporean state investment company Temasek Holdings is to stage a protest vote for the second consecutive year at next month's annual meeting of Standard Chartered, the emerging markets bank.
The ongoing dispute comes at an awkward time for StanChart, the shirt sponsor of Premier League side Liverpool. Last year, the bank was forced to pay $667m (£436.5m) to US regulators to settle allegations that it had breached US sanctions on Iran.
The four executive directors whose re-election Temasek will abstain on are: Steve Bertamini, consumer banking chief executive; Jaspal Bindra, chief executive of Asia; Mike Rees, who runs wholesale banking; and V Shankar, chief executive of StanChart's business in Europe, Middle East, Africa and the Americas. Full story
