Daily Archives: September 25, 2012

John Gapper

The news that Temasek, the Singapore investment fund, may dispose of its £6bn stake in Standard Chartered, has reignited talk of the British bank finally losing its independence. I will believe it when I see it.

No doubt Standard Chartered will cease to exist as an independent bank one day, but I have heard speculation about it for 20 years, and it never quite seems to happen. It is like talk of the dollar losing its status as a reserve currency. Read more

The “fit and proper” test is regulators’ and professional associations’ tool of choice for assessing suitability for office – a spirit-level for acceptable conduct.