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First Abu Dhabi Bank said to explore bid for Standard Chartered, reveals Bloomberg - Part 5

Standard Chartered shares have spiked again - around 10pc - thanks to a fresh piece from arch rivals Bloomberg.

Hacks at Bloomie report that Abu Dhabi-based First Abu Dhabi Bank is "pressing ahead" with a potential offer for the FTSE 100-listed bank.

That story comes after First Abu effectively ruled itself out for six months with the usual caveats. Below are the links to its previous statement and today's story from Bloomberg:..