--Standard Chartered's largest investor, Singapore investment company Temasek, has asked for more frequent, detailed updates on the bank's turnaround plans and raised the prospect of taking a board seat, the Financial Times reports, citing unidentified sources.

--Temasek supports StanChart CEO Bill Winters, but could change its view if revenue and profitability at the lender fail to improve, according to the FT.

Full story: on.ft.com/2W6XzxV

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(END) Dow Jones Newswires

January 21, 2019 01:48 ET (06:48 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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