► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
Lex on what the Standard Chartered rights issue is for
It’s kitchen sink time for StanChart. Along with its first
quarterly loss since the financial crisis, the UK-listed Asian bank announced a $5.1bn rights issue. Lex’s Alan Livsey and Richard Stovin-Bradford discuss the
cash call and ask if it’s enough.
For more video content from the Financial Times, visit http://www.FT.com/video