STANDARD Chartered is considering scrapping UBS or JP Morgan as its corporate brokers, as it reviews its representatives in the marketplace.
Brokers offer advice to firms and keep them in contact with investors.
“We can confirm we’re conducting a review of our corporate broking relationships,” said a spokesperson at Standard Chartered.
“The review will include our current brokers, and we will make an announcement in due course.”
UBS and JP Morgan declined to comment on the process.