--Bill Winters, the chief executive of Standard Chartered PLC (STAN.LN), plans to take a voluntary pay cut following a dispute over his pension allowance, the Financial Times reported, citing unnamed sources.

--StanChart's chairman José Viñals is involved in talks with shareholders about Mr. Winters's pay, hoping to find a solution that can win a majority backing at the bank's annual meeting next year, according to the FT.

Full story: https://on.ft.com/35R1DaA

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(END) Dow Jones Newswires

October 21, 2019 00:26 ET (04:26 GMT)

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