Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Stay Pausing InvestmentsStandard Chartered plc is a British multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Stay Pausing InvestmentsStandard Chartered restricts transactions with covered areas (targeting so-called Donetsk People’s Republic and Luhansk People’s Republic of invaded regions of Ukraine)