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Standard Chartered to reduce costs, divest businesses in new strategy to boost growth
The bank said it planned to achieve return on tangible equity of at least 10 percent by 2021, and intended to distribute to shareholders surplus capital not deployed to fund additional growth.
The bank said it planned to achieve return on tangible equity of at least 10 percent by 2021, and intended to distribute to shareholders surplus capital not deployed to fund additional growth.
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