Cooper points Standard Chartered in the right direction

Standard Chartered is ready to talk. After several years of pain, impairments, write-offs, losses and change everywhere from the chairman and CEO to the troops in the trenches, executives believe the worst is over. It is an attitude that extends to the bank’s commercial and investment banking unit – its biggest division and the heart of the problems the bank has faced. They are talking of the positives again, of a peerless emerging markets footprint, but of using it in a wholly different way.