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Standard Chartered to shut equity derivatives and convertible bonds businesses

Standard Chartered to shut equity derivatives and convertible bonds businesses

Passersby walk in front of the main branch of Standard Chartered in Hong Kong January 8, 2015. REUTERS/Bobby Yip

Standard Chartered  said on Monday it plans to exit from its equity derivatives and convertible bonds businesses, following a step earlier this year to close the bulk of its global equities operations.

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