(Yui Mok/PA)
(Picture: PA Archive)The financial sector lit up the FTSE 100 after a report of international bid interest in Standard Chartered, which sent shares in the emerging markets lender up by as much as 20%.
Bloomberg News reported that First Abu Dhabi Bank was preparing to bid for the City stalwart, but there followed a swift denial from the company named as the potential buyer, and StanChart’s shares came off day-highs to stand just over 6% higher at 704p.
