With the new hubs, StanChart aims to simplify the extensive network and reduce costs.
Any potential findings of deficiencies in the Abraaj audits could intensify KPMG’s woes as it already faces heightened scrutiny following its links
Preliminary findings from a separate review by Deloitte -- at Dubai-based Abraaj’s request -- threw up potential discrepancies in accounting at some
The current SCPE management may team up with other companies to buy the assets.
The losses shine a light on a division that makes up less than 1% of StandChart’s balance sheet.
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