StanChart to start review of public relations

STANDARD Chartered, the emerging markets bank that has been advised on its financial public relations for the past 10 years by Roland Rudd’s RLM Finsbury, is looking for a change.

RLM Finsbury has been “put on notice”, a Standard Chartered spokesman says, and the bank is interviewing a host of public relations groups to see if they can better serve its needs.

RLM Finsbury is still in the mix but the firm, which probably won’t be overly bothered since it has 25 of the FTSE 100 as its clients, is unlikely to get the mandate, sources close to the process say. A source close to Standard, whose chief executive is Peter Sands (pictured), says it decided it is good practice to put the mandate up for review after a such a long period with one adviser.