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StanChart Gained and Lost Millions on Nigerian Naira's Wild Ride

(Bloomberg) Standard Chartered Plc had a wild 2023 with Nigeria’s volatile currency as the African nation struggled with foreign-exchange rules to attract investment from overseas and boost the supply of dollars.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniStock Rally Stalls at Start of Data-Packed Week: Markets WrapFreddie Mercury’s London Residence Lists at £30 MillionJacob Rothschild, Financier and Philanthropist, Dies at 87Poland’s Famously Frank Top ....

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CEOs promised a new era. Little has changed.

Four years after redefining corporate purpose, CEO pay is up, ESG ratings have barely budged, and companies are still spending billions on buybacks. ....

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