Management of emerging markets lender Standard Chartered Bank is putting its own advertising slogan, ‘We go the distance so you go further’, to good internal use in its efforts to integrate its largest acquisition, the US$3.4 billion deal with Korea First Bank (KFB).
In an effort to make KFB’s staff feel part of the SCB family – and also no doubt avoid the kind of industrial disputes that plagued Citigroup’s acquisition of Koram Bank – SCB is organizing a Korea Day on June 30 for the rest of its 55 markets.
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