corporate functions

Standard Chartered to Cut Over 15% of Corporate Roles by 2030, Sets Higher Profit Targets

Standard Chartered announced plans to cut over 15% of its corporate functions roles by 2030, aiming to boost income per employee by 20% by 2028. The bank also set higher profitability targets, aiming for a 15% return on tangible equity in 2028 and 18% in 2030.