Standard Chartered: Korea upset

America’s isn’t the only mortgage market unsettling bankers. A sharp slowdown in Korean mortgages has undermined Standard Chartered’s Korea First bank. That’s taken the gloss off what is otherwise a sparking set of results for the first half - Peter Sands’ first period in charge. More worryingly, it might curb his capacity for deals just as he has put acquisitions back on the agenda. Sands has no shortage of potential targets. Limiting deals to the StanChart footprint and neighbouring areas cir...