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Fortune
Fortune
Prarthana Prakash

Standard Chartered fights for top banking talent with 20 weeks of paid leave for new dads

man working at a desk with a baby on his lap (Credit: Morsa Images—Getty Images)

Standard Chartered is setting itself up to compete for the banking world's top talent by rolling out a parental leave policy that applies equally to both parents.

The British lender said the policy of offering new fathers at least 20 weeks of paid leave will kick in globally from September, except in certain countries where it will be subject to local regulatory approvals, Bloomberg reported Wednesday. 

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