Standard Chartered takes a fifth of Fleming

Standard Chartered, the UK-listed bank which specialises in emerging markets, is to take a 20% stake in Fleming Family & Partners, the investment management office of the Fleming family, for £45m (€64m).

The deal is part of a plan to expand Fleming's private client wealth management business in Asia and the Middle East.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump