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NEWS March 25, 2016 Standard Chartered said to curb $2 billion diamond exposure
By: sristy SahaThough diamonds account for less than 1% of Standard Chartered’s $261 billion of loans, gemstones haven’t escaped the scrutiny of CEO Bill Winters. Photo: AP London: Standard Chartered Plc is demanding more loan protection from clients in the Indian and Belgian diamond trade as the bank seeks to tighten standards, according to people with knowledge […]
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