Standard Chartered Targets 18% Returns Amid Strategic Corporate Overhaul
Strategic Financial Targets Standard Chartered, the London-headquartered banking giant, announced a new strategic roadmap on Thursday, signaling an ambitious plan to achieve a return on tangible equity (ROTE) exceeding 15% by 2028, with a further climb toward 18% by 2030. As part of this comprehensive restructuring, the lender disclosed plans for significant cost-cutting measures within…