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Home»BUSINESS»Standard Chartered Mulling Alternative Ownership for Aviation Business
BUSINESS

Standard Chartered Mulling Alternative Ownership for Aviation Business

Aaron PaulBy Aaron PaulJanuary 11, 2023Updated:January 11, 2023No Comments1 Min Read
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Joe Hoppe

Standard Chartered PLC said Wednesday it is exploring future ownership alternatives for its global aircraft leasing and financing business.

The London-based lender said the air force accounts for about 2% of the group’s total revenues and about 1% of the group’s risk-weighted assets. In 2021, Standard reported his total operating profit of $14.71 billion.

Simon Cooper, Chief Executive Officer, Corporate, Commercial, Institutional Banking and Europe, said: and the Americas.

Please contact Joe Hoppe at joseph.hoppe@wsj.com.



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