Deals
StanChart Says Focus Is on Strategy, Denting Merger Speculation
StanChart Shareholder Gilbert Would Be Surprised by Barclays Merger
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Standard Chartered Plc said it’s focused on its strategy and isn’t responding to “speculation” in a newspaper report that Barclays Plc has been exploring a potential merger with the emerging markets lender.
Barclays hasn’t held discussions with Standard Chartered and the British bank isn’t actively pursuing a deal, according to a person familiar with the company’s thinking.