(Feb 10): Standard Chartered Plc chief financial officer Diego De Giorgi, one of the front-runners to eventually replace long-time chief executive officer Bill Winters, unexpectedly resigned after about two years in the role. Standard Chartered shares slumped 3.7% in Hong Kong afternoon trading, set for the biggest drop since October. De Giorgi was seen as one of the candidates to replace Winters, who is the longest-serving CEO of a major UK bank. Despite being based in London, Standard Chartered makes most of its income from its operations in Asia, Africa and the Middle East. Standard Chartered also has major operations in Singapore, where its largest investor, Temasek Holdings, is headquartered.

Source: The Edge Markets February 10, 2026 04:52 UTC