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08-01-2015, 01:39 PM
On this move, the Standard Chartered spokesman told the Straits Times: "The decision has been taken to exit globally the institutional cash equities, equity research and equities capital market (ECM) business with immediate effect." - See more at: http://www.straitstimes.com/news/busines...bi8Cj.dpuf
Institutional cash equities do not refer to the kacang putih kind of equity trades we do. It was a sensational heading in the news but I do not interpret it as impacting retail investors.
Institutional cash equities do not refer to the kacang putih kind of equity trades we do. It was a sensational heading in the news but I do not interpret it as impacting retail investors.
It’s good to have money and the things that money can buy, but it’s good, too, to check up once in a while and make sure that you haven’t lost the things that money can’t buy. –George Lorimer