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News Investigators/ Access Bank Plc, one of Nigeria’s largest commercial bank’s has brokered a deal for the acquisition of the Standard Chartered’s majority shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone.
Standard Chartered’s significant exposure to Asia could explain its particularly sharp decline.
Standard Chartered’s struggles in China highlight the challenges faced by international banks operating in the country.
“While sources of uncertainty remain, we think the pathway to the USD 100,000 level is becoming clearer,” wrote Standard Chartered’s head of digital assets research, Geoff Kendrick, in a report.
Source: https://www.etftrends.com/crypto-channel/bitcoin-more-than-triple-says-research-firm/