Nov. 3 (Bloomberg) -- Standard Chartered Plc is seeing early signs that some international competitors are withdrawing from its markets, Asia Chief Executive Officer Jaspal Bindra said.
That “not only allows us more market share but also allows us the opportunity to reprice upwards,” Bindra said in a televised interview in Singapore today.
The U.K. company also has no immediate plans to move its headquarters from London, he said.
“We continue to review the situation,” Bindra said. “We are looking at all the triggers that would justify a move, but it’s a big decision.”
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