# Standard Chartered will cut more than 15% of its corporate functions roles by 2030.

*business · news · 2026-05-19 · CNBC*

## Key points

- Standard Chartered plans to cut over 15% of its corporate functions roles by 2030.
- The bank targets a 20% increase in income per employee by 2028.
- Standard Chartered aims for a 15% return on tangible equity in 2028, rising to 18% by 2030.
- A new $300 million risk-sharing facility with IFC will expand supply chain solutions in Africa.

**Companies:** Standard Chartered
**Countries:** United Kingdom, Ghana, Kenya

[Read the full story on CNBC](https://www.cnbc.com/2026/05/19/standard-chartered-job-cuts-corporate-roles-profit-targets.html)

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