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2026-02-11 12:26:36 STANCHART (02888.HK) announced yesterday (10th) that CFO Diego De Giorgi immediately stepped down from his role, Goldman Sachs released a research report saying. Meanwhile, US-listed Apollo Global Management announced the appointment of Diego De Giorgi as the Head of EMEA. STANCHART's H-shares once plunged over 6% after midday, and closed down 1.9%. Its London stock price further declined last night, eroding as much as 5.7%. The investor reaction indicates that this appointment was unexpected, and the CFO has played a core role in STANCHART's transformation in recent years, Goldman Sachs added. Investors are now focusing on CEO Bill Winters' potential succession plans and the company's corporate strategy announcement scheduled for May. ~ AASTOCKS Financial News Website: www.aastocks.com | |