Temasek willing to give troubled bank StanChart time for turnaround

Temasek willing to give troubled bank StanChart time for turnaround

People walk past the head office of Standard Chartered bank in the City of London February 27, 2015

Singapore state fund Temasek is willing to give Standard Chartered time to work on its turnaround before deciding on the fate of its underperforming $4 billion stake in the UK bank as part of a portfolio reshuffle, people familiar with the matter said.

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