Wednesday preview: Standard Chartered, Taylor Wimpey, IAG

Standard Chartered becomes the second London-quoted but predominantly oversea-focused banking giant to report this week, following in the foot-steps of HSBC.

Standard Chartered becomes the second London-quoted but predominantly oversea-focused banking giant to report this week, following in the foot-steps of HSBC.

Nomura thinks there may be risks of estimate downgrades but notes this is true for virtually all banks. In December, Standard Chartered said its income for 2011 is now expected to grow at "just below a double digit rate" after a depreciation in Asian exchange rates against the dollar.

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