StanChart says has cut 4,000 staff this year

StanChart says has cut 4,000 staff this year

Bobby Yip

"We are clearly intent on getting greater efficiency in the business, some of that will be headcount, some will be extra investment in technology," Standard Chartered Finance Director Andy Halford told reporters on a conference call.

He was speaking after the bank halved its dividend and said it would raise capital from investors if needed after a 44 percent slump in first-half profits.

(Reporting by Steve Slater, editing by Sinead Cruise)

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