StanChart sees $330 mn settlement on Iran, denting profits

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Agencies: Hong Kong, Dec 06 2012, 11:23 IST
StanChart.jpg
new global head of loan syndication in late November, naming Cristian Jonsson to replace Philip Cracknell, who is retiring in March.

To diversify away from its traditional lending business, the bank has been looking to expand to areas such as commodities, where it aims to double revenue in the next four years, it said on Tuesday.

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