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Sunday, 11 October 2015 - 19:27
Standard Chartered 'to cut 1,000 senior jobs'
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Standard Chartered bank, a London-based lender that makes most of its profit in Asia, could cut up to 1,000 senior jobs.

The move from chief executive Bill Winters is meant to cut costs.

Standard Chartered said it had disclosed before "that there would be further personnel changes to come".

The bank employs about 88 thousand people in total.

It has grown rapidly, from about 44 thousand in 2005.
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