Standard Chartered

“Standard Chartered plans to cut 15% of corporate function roles over the next four years, the company said on May 19.”

“Standard Chartered warned last week that the total cost to the company, including legal costs, could top $40bn”

“the total cost to the company, including legal costs, could top $40bn.”

“In the first half of 2009, Standard's profits were a record $2.84bn (£1.86bn), suggesting profits for the first quarter of that year of about $1.4bn.”