Why Would Standard Chartered PLC Sell Asian Assets?

The Motley Fool
Updated
Photo: Tomkasing. Cropped. Licence: http://creativecommons.org/licenses/by-sa/3.0/
Photo: Tomkasing. Cropped. Licence: http://creativecommons.org/licenses/by-sa/3.0/

Many banks have been reigning in their overseas exposure, and so we've grown used to news of multi-billion pound overseas disposals. But why would Asian-focused Standard Chartered(LSE: STAN) by looking to shrink in Asia -- its core territory?

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Owain Bennallack has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

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