This is a tendentious article from today's New York Times, and undoubtedly covers only a piece of what is really going on. Unfortunate for the bank, who probably are constrained about correcting any misperceptions here. But also bad news in general for SCB and tough luck for fans of the bank's EM focus and strategy.
--Jan Cherim
Standard Chartered's Next Worry: A $1 Billion Indonesian Loan - NYTimes.com
